On the higher daily TF, as you can see there is descending triangle formed. Recently, we just confirmed the downline of the pattern as a respectable support.
I believe we are accumulating now to retest the falling trendline (triangle top).
I believe we are accumulating now to retest the falling trendline (triangle top).
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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.