Everytime it came to break the trendline it was rejected, just once it did a fakeout above it and in hindsight looks like nothing but a deviation. the channel has become too strong now, which shows risk appetite was always controlled, now heading into risk off.
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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.