Several possibilities including a repeat of recent lows
There are several possibilities here. Including a dip down to a lower upward trend line that has been touched momentarily before, and then a resumption up. There will likely be buyers again down here, and probably the same buyers who are selling the swing.
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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.