It's very nice to see how price reacted at the CL, then came back to the U-MLH.
And again price got rejected at the U-MLH.
The A/R line is broken and now price has a good chance to travel to the Center Line again.
btw: This trader has the same idea, just using another technique:

Great one, I really like this.
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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.