The downtrend is expected to continue to the specified support level, then a trend reversal and the start of an uptrend scenario is likely. A break of the support level will trigger a continuation of the downtrend.
Penafian
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.
Penafian
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.