Price did not play to my last analysis. We get a slight reaction to the downside once price took the highs at 122.12 within the bearish OB. However, price rallied higher into the bearish OB at 156.73 instead. We also have the clean highs at 141.25 taken recently within this bearish OB. If we see volume picks up on the down move, we can see price heading towards the new bullish OB at 125.73 next.
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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.