break above the pink PRZ is most likely due to the range of the market and the trend, supported by the previews over sold RSI. Harmonics also suggest the move upward making higher high. Structure is also found on the orange PRZ hence the market would need a lot of strength to break below it.
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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.