Following some fluctuation and correction at the current support level, the corrective pattern is expected to conclude, giving way to the start of an uptrend. If the support zone is broken, the above scenario will be invalidated, and a continuation of the downtrend is likely.
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Disclaimer
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.