The trend on daily/time-short frames is weak, momentum is bearish, the chart shows a likely distribution phase entering mark-down.
Its Longer term trend is still positive but fading.
I’d lean bearish to neutral in the near‐term with a risk of deeper pullback.
Its Longer term trend is still positive but fading.
I’d lean bearish to neutral in the near‐term with a risk of deeper pullback.
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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.
