The lastest impulse up was caused by a fundamental event and could well be the last wave up before we see the continuation of the downtrend. We can see the price is forming an ending diagonal reversal pattern. A break and retest of this structure on a lower timeframe is a good entry point. Very nice R:R also
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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.