The Bears will take price to 16037 as a retracement
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If the Bears will take price to 16037 as a 50 % retracement they will also be retesting the neckline to complete a H&S. Rejection around 16037 will make the Bulls take over the price to 16700
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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.