The trend of the movement is within the descending channel.
Several times rebounded from the 200MA.
The price has formed a double top pattern.
I expect that the price will test the support level, the upper border of the channel and only after that will continue the downward movement.
Several times rebounded from the 200MA.
The price has formed a double top pattern.
I expect that the price will test the support level, the upper border of the channel and only after that will continue the downward movement.
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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.