In general, we are in a downtrend. The price climbed to the height of the second peak to breathe, and now, after breaking the uptrend line, it will continue falling to the target 1. There is also the possibility of forming a triangle pattern. In this case, with the failure of the support that is the first target, it descends to the next level of supports, which is our second target.
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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.