This chart has a lot of information so let me break it down to indicate my thoughts on what price might do next:
1.) We have 2 Missed Weekly and 1
2.) The time period for which price has not touched or met the 200 Moving average is at a record high
3.) We have divergence (in development for a long time) on the which indicates a bigger retracement
A break of the using pending orders and targeting half way to the missed monthly (2.5 area) would be ideal.
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