The market finds difficulties to break this level and once it reached it again ,There is a false breakout of the support level which indicates an other move up, the profit target should be at the next resistance level, because this move can be also just a retardement a downtrend.
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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.