Trend line acting as a brick wall and has been respected x2, can expect price to come back to that trend line and shoot back up. Patiently waiting for price to retest the key level and then would make sense to go long. Furthermore RSI is near overbought area so could expect price to come back down as extra confluence. Directional bias on the weekly is currently an uptrend giving more confidence to believe this can rocket back up.
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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.