The daily chart resembles the weekly chart pretty well.
The triangle is clearly seen (symmetrical or descending - up to you to name it).
Also, there is a weak bearish divergence in progress.
EMA is too close to each other for forecasting the next turn.
Waiting for:
A breakdown below lower trendline;
Significant price pattern to form;
Candle close below 20EMA.
Happy trading!
The triangle is clearly seen (symmetrical or descending - up to you to name it).
Also, there is a weak bearish divergence in progress.
EMA is too close to each other for forecasting the next turn.
Waiting for:
A breakdown below lower trendline;
Significant price pattern to form;
Candle close below 20EMA.
Happy trading!
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