Price has fallen below the descending triangle.
It appears price was in a rectangle like structure and then the upper trendline began sloping down due to lower highs.
No recommendation/Volatile so this could bounce at anytime I suppose.
Former support line of the triangle is now resistance.
It appears price was in a rectangle like structure and then the upper trendline began sloping down due to lower highs.
No recommendation/Volatile so this could bounce at anytime I suppose.
Former support line of the triangle is now resistance.
Note
One by one the stars will all go out/be safe
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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.