Think we are going down to the next daily support in a couple days. Trend is down on multiple timeframes. Price has pulledback to resistance zone. Price has consolidated in resistance zone for a few days. Might consolidate for a few more days, but I'm getting in here as price is showing signs of weakness which could indicate that supply is increasing and the next move is coming soon.
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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.