major battle ground happening. this level was challenged multiple times either as support and resistance since 2018. we are also at the major multi year uptrend line. i am shorting this but theres also a slight chance of a small pullback to the 277 area due to the fact that bears might be exhasted from the last two days and are at oversold territory.
Trade ativo
Could possibly reach as high as 280 where it will meet resistance from 50ma on the hr.
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