Price previously broke through a major supply zone and it is currently bouncing off a major 4h demand zone after taking out the liquidity resting below the equal lows at $64. MACD is not clear, RSI is sold and EMAs are neutral. I expect price to move up from that area and continue with the bullish trend.
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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.