The breakout of the wedge didn't work. Still crawling below the resistance line. A previous (global) support is a very tempting level to bounce off from. The reversal at that price is too obvious to believe in, but often the simplest way of price evolution is the most possible.
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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.