As you can see, the price has reached its resistance in the 4-hour time frame and has had a strong rejection from that area, and it has covered the previous candles with a long candlestick. When the price comes below this candlestick, the price is expected to fall further.
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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.