I see a possible capture of traders whom open short positions in that resistence and then blow their SL and the price go down to the fresh demand zone. The demand zone confluence with a Daily and Weekly timeframes and i´ll be waiting a reaction near 1.65000
Trade closed manually
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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.