Weekly and 4H bearish divergence. There is also a Daily "M Pattern". Expecting price to breakout of consolidation below 34870. Price may reject 4H trendline area. Strong possibility it breaks trendline and reaches daily neckline level of 34000-33761. If it does reach neckline look for possible continuation to 33215-33000 because of weekly bearish divergence and Daily "M Pattern".
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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.