The market is currently at balance, with no buyers/sellers in total control. As the analysis show, price bounced on our Major low and created a Head n Shoulders pattern, which was broken and price retested our Neckline.....possible scenario is that the price might bounce on the neckline and a breakout on the Major high will occur, meaning buyers will take over and we should look for buying
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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.