Confluences:
Bounced off the 61.80% level
Broke out above the multi-month resistance level BUT then couldn't close above the level (sign of weakness)
Bounced off the multi-month resistance level
Take profit is set that the 50 EMA level
Bounced off the 61.80% level
Broke out above the multi-month resistance level BUT then couldn't close above the level (sign of weakness)
Bounced off the multi-month resistance level
Take profit is set that the 50 EMA level
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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.