There are a couple of reasons why i think this is possible. 1. Price is expensive 2. Price is moving in a channel, and is currently at key level. (WTF) 3. Buy Side Liquidity has been taken 4. 4hr TF chart pattern suggests price could be dropping soon.
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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.