Confluences:
Been in a downtrend since march 2021
Failed to close above the multi-month resistance level
Bounced off the 50% fib level (on the daily timeframe)
Bounced off the 100 EMA level (on the daily timeframe)
Been in a downtrend since march 2021
Failed to close above the multi-month resistance level
Bounced off the 50% fib level (on the daily timeframe)
Bounced off the 100 EMA level (on the daily timeframe)
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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.