710-720 is a strong resistance level, which we will not pass in the near future.
Today the trading session is expected to be short, long from the level in the rectangle pattern.
Further, it is possible, but unlikely, the "Inverted GiP" pattern will work out We open a deal when the candlestick closes on the neckline breakout. Before the breakout, the "neckline" is a resistance level, after that it becomes a support level.
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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.