As we are looking at an uptrend move and the market is running in between two trend lines which are acting as support and resistance, Now the price is at its higher high level where a rejection is started as bears are gaining strength against bulls.
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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.