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A symmetrical triangle has formed on 4H with the lower border being pressed, there is a possibility that we can locally get a rebound from 20.250 to the $20,600 zone while everything looks like this.
I still think that the $20.000-19.800 range is the bounce zone to the $20.500-21.000 zone
We are waiting for the Fed meeting and waiting for the key rate to be raised by 0.75 bp, I think the markets there will react strongly, they have already begun to slowly swing in both directions.
A symmetrical triangle has formed on 4H with the lower border being pressed, there is a possibility that we can locally get a rebound from 20.250 to the $20,600 zone while everything looks like this.
I still think that the $20.000-19.800 range is the bounce zone to the $20.500-21.000 zone
We are waiting for the Fed meeting and waiting for the key rate to be raised by 0.75 bp, I think the markets there will react strongly, they have already begun to slowly swing in both directions.
