The price has been traded in the range.
Currently the price has been approaching the upper boundary of the range, which should be acting as a resistance.
The price has been respecting an upsloping support and we believe that the price will hit the resistance which would be our entry for the short position.
Target and stop loss are shown on the chart.
Currently the price has been approaching the upper boundary of the range, which should be acting as a resistance.
The price has been respecting an upsloping support and we believe that the price will hit the resistance which would be our entry for the short position.
Target and stop loss are shown on the chart.
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