Price reacted to a Weekly DZ and close with a Bullish Weekly candle. Couple by the fact that most of the volume are traded at the top of the range which indicate to me that buyers are comfortable committing to a higher price, I am inclined to believe that market will bring the price higher in the coming week. Will be looking to buy the pull back at the H4 DZ(Black Box) indicated.
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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.