If you look at the momentum oscillator you'll see price action is overbought and has signaled twice now, and the same area on the actual chart is showing strong sell offs during those specific candles which shows sellers are taking control in the short term, plus we're at resistance and have been in a downtrend since ATH's.
Stay safe and have a great weekend.
Stay safe and have a great weekend.
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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.