SLP is currently testing the broken resistance thus turning it into new support. We need to see a bullish 4H candle close in order for this move to be valid. Moreover, the price is currently sitting at 61.8 FIB which is making a new HL (higher low) structure.
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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.