The price has been growing non-stop. After a strong impulsive move, a correctional move is a MUST. The price Is currently testing a very strong level of resistance. We will be closely monitoring the price action and patiently waiting for the price to reject the local zone of supply and form a nice top, before we open short positions and aim for the zone identified on the chart
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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.