Price is in an overall uptrend and current momentum is bearish. We require two 4H break of either key levels to show us where price is to move next.
Note
Trade is now in play for the buys. If we receive a bullish daily close above (W) we will see the 4H resistance next.
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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.