The price movement made a double top formation bouncing from the indicated resistance line. As we believe that RSI is still a bit overbought we do expect a deeper bearish corrective move before the price will be again taking off in the bullish direction.
We wish you good luck with your trading!
We wish you good luck with your trading!
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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.