Price tested the previous year's 50% retrace. We are above settlement and back into the previous month's range.
There was accumulation under the 200 moving average in the 30min chart. We are likely to go to the 50% retrace of the weekly, and possibly take out the upper stops.
There was accumulation under the 200 moving average in the 30min chart. We are likely to go to the 50% retrace of the weekly, and possibly take out the upper stops.
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