As we can see from our daily perspective, the price has hit the strong area of supply (resistance level) and there is where the sellers will start to come in. We could see a slight continuation upwards for the meantime but after the last bar closes, we are hoping to see a rejection downwards.
Cheers guys
Cheers guys
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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.