As you can see in the chart, in the 4H timeframe there is a bearish pennant that has been formed. So unfortunately i think we will have a bearish movement in the upcoming days. There is another point that we see a block order near 1100 area that might cause a bullish retracement. Although i think it will continue the bearish trend before reaching 1200
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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.