- Price tried to break the key resistance 4390 today and failed. 4340 was seemed to hold *barely*
- below 4330, 4270 is likely to get tested again. this zone has held up thrice since Feb 27, so weak support.
- below we go stright to 4200.
- still time, but bull case is not so upbeat right now. Be careful adding longs.
- countertrade - if 4270 holds, it should be on some news - which should start a squeeze that could push price all the way up to 4450. (ONLY IF)
Trade closed: target reached
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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.