Previous trend running was bullish
there was a divergence spotted previously and chart broke last HL and trend was changed to bearish, lastly there is a trend continuation pattern of bearish falling wedge and it also gave a breakout down, lastly there is no divergence at the moment so market is most likely to continue in bearish pattern, the trade was started at breakout of falling wedge
there was a divergence spotted previously and chart broke last HL and trend was changed to bearish, lastly there is a trend continuation pattern of bearish falling wedge and it also gave a breakout down, lastly there is no divergence at the moment so market is most likely to continue in bearish pattern, the trade was started at breakout of falling wedge
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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.