We have seen a liquidity zone form for the past year and finally we are looking at a successful retest. Given this holds as a new buying zone then our next target would be $170-$174 followed by the ATH around $216.
If price fails to hold this liquidity zone as new support and price closes back below $154 then this would be a failed breakout.
If price fails to hold this liquidity zone as new support and price closes back below $154 then this would be a failed breakout.
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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.