Since the last idea, the price broke the ascending channel down and many factors point to a downward movement, but locally we can expect a correction before the support level. In case of a false breakdown and fixation above the support level I expect the resistance level to be reached.
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.