Given the price behavior in the current resistance range, possible scenarios have been identified. It is expected that a trend change will form in the current resistance range and we will witness the beginning of a downward trend. If the slope of the downward trend is sharp, it can be a confirmation of the continuation of the downward trend.
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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.