Currently we have a strong supply nested on multiple time frames, meaning that there is a higher probability of price reversing from here on. and as confluence we can see that from previous touches price has been reacting to the level. this will be a long term swing 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.