Price action finally broke out of uptrend in the past week. Presently waiting for a retest of the lower trendline and 61.8 for a sell order to the downside using the 1.618 extension as a TP level. overall there is a pennant on the weekly tf which can also be referenced.
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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.