The price has been in a overall bearish trend with strong bullish corrections for some time now. If the trend continues we are in a expectation of a bullish correction soon. But we believe that before correction price should get a little lower, probably somewhere near resistance line.

We wish you good luck with your trading!
We wish you good luck with your trading!
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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.