Descending trendline of lower highs has been breached
Should expect rejection at $4 area and a slight pullback to 0.382 fib level around $3.35
Resistance at $4 area should be closely monitored and if breached, wait for retest and confirmation in order to set up long position.
Should expect rejection at $4 area and a slight pullback to 0.382 fib level around $3.35
Resistance at $4 area should be closely monitored and if breached, wait for retest and confirmation in order to set up long position.
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