The chart clearly shows a squeeze to the strong level of 160, the rebound with each approach to it is getting weaker, the volumes are getting smaller. Buyers fizzled out.
A breakdown of the level 160 is possible.
Buy on rebound and false breakout from level 118
Level 160 will become the resistance level.
A breakdown of the level 160 is possible.
Buy on rebound and false breakout from level 118
Level 160 will become the resistance level.
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