Possible continuation of the downtrend
Indeed, the same pattern may repeat. StochRSI is overbought and there is a great possibility that, as the price broke a major resistance not long ago, it continues to go down until the next major support level, visible on the daily chart.
Trade closed: target reached
Target reached, even if things didn't go exactly as I planned it.
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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.