It's near the latest high before starting of the losses so I think it's the last leg up before facing a serious pull back and then making a new high.
Note
It reached the first resistance zone let's see we are going to see a pull back or not.
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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.