...it could easily form a bearish engulfing pattern, as it's already teetering on the edge. Observing how price is clinging to the trendline, it's clear that further downside pressure could accelerate the move.
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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.