1.Price has hit strong RES and bounced off 2.A 3 bearish candle stick formation bouncing of RES 3.Therefore showing a change of momentum 4.Also after news on Friday price needs to correct before we see any more bullish movement
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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.