We see price fail to make new lows, then break above the key structure, create a retest and now seeing rejections with wicks and an engulfing candle. First trade of the year, let's hope it's a winner!
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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.