In this time frame, we see the Wedge pattern, which is the slope of the Wedge is willing to go down, so we expect the price to climb towards the 0.5 and 0.618 Fibonacci lines. Otherwise, if the sales volume is such that it cannot break the resistance range of 2711, we will see a fall to the range of 2500.
Resistance Range: 2761 - 2802 - 2841 Support Range: 2629- 2587 to 2506
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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.