KNC Failed on the key level and now requires a confirmation for a possible breakout on the trend line or a reversal for another wave downside. If the price respects the following trend line then we will see a further decline towards the target pointed on the chart.
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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.