Channel middle line supported falling from 130 to 70 so we can expect,as past price actions , a triangle compression formation on the monthly chart and so a retest of at least 50% fibo level (about 100$).
Once middle line is broken I see a retest of all time lows.
Once middle line is broken I see a retest of all time lows.
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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.