Price has given a breakout from the declining phase by printing a higher low. It has also broken previous lower high after the emergence of bullish RSI divergence on hourly time frame. If bulls manage to break previous higher high that could potentially trigger a bullish rally. Targets are mentioned on the chart.
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.