Good breakout from this flag on our 12hr chart, now testing daily resistance around 8700$.We may see a pullback to test our 0.618 fib @8350$ if we fail this rally(failure to close our daily candle above 8700$) before seeing the next leg up. A Daily close back above 8700$(200MA) would be undoubtedly bullish.
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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.