In this short-term view, price is forming a rounded kind of top. The structure broke to the downside with more volume.
We could see another leg lower, targeting around 59.65.
We could see another leg lower, targeting around 59.65.
Trade closed manually
Momentum faded unfortunately and price didn't continue lower
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Related publications
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.