Basically what we have forming is a descending wedge which is a signaller that we will be having a reversal in trend. We will go up for one more touch then return downward, will also put another idea up that shows why this will be the case.
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.