Testing support at $74
Flat bottom wedge pattern with nice confluence support at $74 and near term resistance at $98. Stop loss at $70, which is 1 ATR (on the hourly TF) below the previous low at $71.5. Take profit #1 just below resistance at $99, take profit #2 at $110
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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.