Both the 30mins and 1h charts give a confirmed downward trend:
Base line crossed under turning line
lagging line is a distance from the price which indicates a strong trend
The senkou span is downward which further indicated a downward trend
Finally, I plotted a 200 EMA to keep my mind open for the long term trend, and it has just pivoted downwards
Base line crossed under turning line
lagging line is a distance from the price which indicates a strong trend
The senkou span is downward which further indicated a downward trend
Finally, I plotted a 200 EMA to keep my mind open for the long term trend, and it has just pivoted downwards
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.