We are in the 4-hour time frame. As you can see the price has been able to break the resistance line to the upside but has not stabilized above it yet. We expect the price to move toward our resistance again after a pullback. But if it goes below the support line and stabilizes there, we can expect it to fall down to the second support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
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