Supporing Data: - Midterm, the structure is still uptrend identified by price still making Higher Low - 3 Days TF, SR flip has been highlighted in the greenbox - Several Bull Engulf if zoom in in the daily timeframe (in the zoom between 138-140) concurrent with a setup of retracement
The level of 170 is where the sellers are as the price is difficult to breakthrough these area so it might take another buyer powers waiting at the level of 150 before penetrates through 170.