Critical level here 16.13. This is now th 4th tap on this resiatnce. Each tap resulted in a drop back to lower uptrending support. Right now is around 12.65. If we do breakout this would be a large move up. Howver seeing we have been getting rejected here so often it might be a better probability of a shorting zone. Just keep in mind if we pop and hold above that could signal a big move up
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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.