A rising wedge is completing its formation with a regular bearish divergence hinting for price to push lower in the upcoming days. This confluence could mean current bullish force is having hard time pushing through the first resistance level.
Trade closed: stop reached
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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.