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Looking at our trend teimfraem we see price is looking to form a higher lower on the weekly candle, stochastic rsi showing momentum is getting close to bottoming out. A weekly close above 3500 and we should see a push towards 4500, however if rejected this level we should be seeing a sell off off towards 2500.
Shifting over to our pattern timeframe we see price respecting our bearish parallel channel , stochastic rsi showing momentum in favor if bulls with no signs fi slowing down
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