In the shorter term, this appears to be a rising wedge continuation of the downward movement. In the longer term, it seems to be riding a rising line of support. The downward pressure will meet the support line and there will be movement one way or the other.
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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.