Bullish: Is this a clear breakout of the down trending channel and a retest of previous resistance as new support before a move to a new high?
Bearish: Price has still not made a macro higher high and has been rallying without a re-tracement. Could it be a long squeeze become capitulation down?
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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.