On the monthly chart this dump is shown as just a retest of the Gaussian Channel indicator which price is still above.
Very big move which could shake a lot out.
If you are long on this Monthly you should not be very worried. Unless the intensity of the downward move is too much.
Monthly chart.
Very big move which could shake a lot out.
If you are long on this Monthly you should not be very worried. Unless the intensity of the downward move is too much.
Monthly 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.