The recent uptrend appears to be a clear fade in my opinion, lacking the strength to break past recent highs. While it might climb a bit more, a heavy sell-off is likely sooner rather than later.
Note
With the candles outside the trendline and the next volume up a ways off, it could be shaping up for a mega drop.Trade active
Note
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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.