39.285 is the most recent support. Price bounced twice from this level but failed to install a new high. Now price is approaching the level again. If priceaction installs a trend bar through the level + follow through bar then we should expect the move towards older support. Also this analysis lines up with the flag pattern analysis. Good luck.
Trade closed: target reached
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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.