This can be viewed as a continuation flag pattern and also a double top (M) formation market
There are pure divergence from the RSI and also a fall out of the ascending channel
All this are confluence that the market will continue falling
There are pure divergence from the RSI and also a fall out of the ascending channel
All this are confluence that the market will continue falling
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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.