Downward channel still being respected, but potential cup and handle here which could result in break out.
Reject or break through the downward channel could indicate the a bullish trend change or remaining in the bearish trend.
Reject or break through the downward channel could indicate the a bullish trend change or remaining in the bearish trend.
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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.