Simple trend line breakout inside the a downwards channel on the daily chart. Blue lines indicate 4 hour resistance levels Targets at 175 and finally 172.5 lining up with a 1.68 fib extension
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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.