BITTREX:MCOUSD   MCO / US Dollar (calculated by TradingView)
Pay close attention to price action as the price nears the blue resistance.

Most likely the price will get rejected down the next time it touches the blue resistance.

However, you may see the price break above the blue resistance for a false breakout. Don't get trapped!!

Alternatively, the price could break above the blue resistance and find support for a very bullish scenario. But, that seems unlikely.

Taking profit at the blue resistance is the most prudent path in my opinion.


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