Closed with large red candlesticks with higher volume similar to volume during recent drop (covering positions) if broke black channel below 46 we can confirm bearish trend targeting 40 on longer term which around 20% drop from current level.. please check previous analysis for further details. thanks
Note
Trade closed: target reached
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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.