Price seems to have respected the downtrend channel by forming a bearish engulfing candle illustrated in orange.
Price could make yet another long drop toward the support trendline of the channel.
Best of luck!
Price could make yet another long drop toward the support trendline of the channel.
Best of luck!
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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.