Fighting he temptation to fall prey to gambler's fallacy, thinking this is due for a bounce. Looks absolutely rekt.
Note
on the contrary, if it bounces strongly may have nice upside target with IHS formation as wellNote
not real sure when an IHS is negated other than if it falls below shoulders. Time may have negated it here.Note
At first level of this 4hr RSI resistance zone that has been a reliable sell. tradingview.com/chart/VwolchxT/
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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.