Idea: The price has broken through the uptrend line and this is a bearish signal. It is possible to retest the trend line. The weekly 100 EMA is a strong support level. A breakdown of the 100 EMA will bring the price down to the 200 EMA. The price is in the zone of strong overprodnost on many timeframes

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.