Continuation of a Long-Term Downtrend
20220612 - 21:20: Weekly chart presented a big red engulfing candle; price enters back into the channel of a long-term downtrend. Expecting a pullback to retest channel top + SMA200 before heading to the downside.
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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.