The price is at a level that has already acted as resistance a few times in the past. Looking for another retest. If we see a bullish breakout above the zone,looking for a retest of it as a support and then a further bullish leg. If the bullish move gets rejected, looking for a bearish pullback towards the indicated support line.
Good luck!
Good luck!
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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.