Price has found resistance at the 2 hour 50 SMA on multiple attempts. Support with the 2 hour 8 EMA below. Arriving at a Fibonacci congestion zone, with a recent volatility Diamond to the left t of the current level. Awaiting a clear break out of the Bear Pennant
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Disclaimer
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.