Price it has rallied as expected after the false breakdown below the downtrend line and below the median line (ML). The first obstacle will be at the inside sliding line (sl). The 50% Fibonacci line of the descending pitchfork represents a very strong resistance as well.
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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.