The price tried to break through 2 lines of strong resistance and 50 MA at once, but both attempts were unsuccessful so far. The price may fall to the lower border of the symmetrical triangle if it fails to close the candle above the 50 MA and the first line of the downtrend

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.