We can see a fake breakout of daily trendline. This usually means exhaustion and we are ready to continue the downtrend. price is touching trendline again and we might have a potential double top at 0.5 fib retracement. We can set targets at AB=CD completion.
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.