What we can see on the chart that the price hit the upper Bollinger Band on the previous days. We have a confirmation from the Stochastic too, it shows us that the price was overbought.
Today we can see the confirmation candle which is inside the channel, so we expect the price to go dawn.
Target is shown on the chart.
Today we can see the confirmation candle which is inside the channel, so we expect the price to go dawn.
Target is shown on the chart.
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