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The price has been on a downward trend for about 4 months. Supports could not stop the market from falling because the price control is completely in the hands of the bears. If you pay attention to the daily time The head and shulders pattern is taking shape, eventually breaking the Nickel Market price and stabilizing below it.
We have a very strong support area in the range of 29 to 30 thousand where most buyers have placed their orders. The probability that the price will fall to the range of 29 to 30 thousand dollars is very high. Follow risk management and capital management.

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