The counter has overextended its bull run.
Now it has formed a lower low formation.
Hence, we expect the counter to be bearish in the near term.
Now it has formed a lower low formation.
Hence, we expect the counter to be bearish in the near term.
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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.