Price has made a bullish move all the way up to a strong resistance area. As the bullish movement was not very impulsive and sharp, we do not believe that the bulls have enough momentum to break above the indicated resistance line. We are expecting a bounce and then a bearish move to form.
We wish you good luck with your trading!
We wish you good luck with your trading!
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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.