MRP has broken through a descending resistance, but it might struggle at the resistance level around 20000.If it breaks through this level convincingly, I will consider a long position.
Note
It is signalling a short now because of a break out through a ascending resistance. If it closes below our entry and confirms the short, I will reverse my trade.
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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.