price had false break out twice, and now go downward smoothly in the channel.
price now also have break down the trend line, so the bias is to go more downward.
price may retest the trend line first or the upper channel, and then go downward.
target price: 1890
cut loss if above: 1929
price now also have break down the trend line, so the bias is to go more downward.
price may retest the trend line first or the upper channel, and then go downward.
target price: 1890
cut loss if above: 1929
Note
go either way, prepare to buy on 1918 ~ 1907
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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.