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Sometimes these things take forever to recover... we should expect some sideways action for a couple days and a negation of our current channel. I'd say by the weekend we might see a resurgence of Bull fever when the price hasn't dropped any and plenty of support has built up. I also included some EW rules to help those who don't understand the lines.
I mostly agree, though current support feels very weak here.
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i think it would reach around 650-660
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