After multiple attempts of price trying to break the resistance zone , it finally does with momentum and is now looking to retest the zone area as our new support. Price has formed a head and shoulders pattern as well as a rising triangle which accounts for a solid confluence. Now we await signs of gained bullish momentum to make our entry with our tp at the next resistant zone.
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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.