Evidence for the rebound:
1. 0.618 retracement.
2. Key resistance (should now be support)
Evidence for a down trend overall
A head and shoulders chart pattern is forming on a daily time frame, this is strong.
1. 0.618 retracement.
2. Key resistance (should now be support)
Evidence for a down trend overall
A head and shoulders chart pattern is forming on a daily time frame, this is strong.
Trade closed: target reached
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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.
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.