Price just done a wonderful double top to prove to us that price is still in a downtrend and any buys right now aren't valid. So a retest on that level can confirm the continuation of this trend to the downside and possibly make new lows or a double bottom for the buyers to step back into the market
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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.