Points to note: 1. Price at support and momentum at bearish area with rejection from trendline 2. Previous flag breakout failed and hence formed a potential cup and handle 3. D candle is indecisive 4. Price is at support of last two years, breaking will create havoc 5. Blue lines show potential supports.
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.