The instrument approaches the resistance level for the third time and trades near it. Increased volumes at the level, rising highs indicate that there is a high probability of a breakdown after trading. After the impulse growth, a cascade of resistance levels was formed, with large purchase orders in the glass. According to the combination of factors, with a local correction in the Long with the withdrawal of liquidity beyond the levels.
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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.