There is a potential opportunity for structure traders. There is the resistance level at 171. The price respected that level few times and it is more likely it will do again. We know the big orders usually are placed at those areas and I expect the sellers are ready to step once it reaches the red box.
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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.