At the moment we are at a critical level where price can either break above the range or retrace to the tested trendline. At the moment there is no indication that price momentum is reducing so my sentiment is more bullish than bearish. For bearish sentiment we would need to see a shift in either the signals indicator or a shift in price action.
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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.