Price has broken out and has made a move to the downside. since then we have seen the HH have failed to form and LL have started to form. This is signifying the start of a downtrend. In most US markets we have seen that the USD has become a lot stronger recently and is starting to becoming more powerful. Due to all of this i think price is heading down.
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.