After the correction, price began trading in a range between 100MA and 50MA on the 4H Timeframe. The trading volume has decreased and there is a large liquidity above the price, so I expect a retest of the resistance level, fixing under it and reaching the target indicated on the chart.
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.