If we see the weekly close above the up kumo then there has been an attempt to retrace back into the cloud which price would have rejected, we could potentially see a breakout above the cloud and maybe even an ATH. Squeeze momentum at the start of strength.
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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.