Price Action: A key support zone has been broken and is now acting as resistance.
Market Structure: Lower highs + lower lows forming → confirms downtrend.
Bias: Bearish while price stays under the broken level.
Market Structure: Lower highs + lower lows forming → confirms downtrend.
Bias: Bearish while price stays under the broken level.
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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.