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BitchnTradn

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Re: Familyman-5 post# 3917

Wednesday, 05/05/2021 7:03:27 PM

Wednesday, May 05, 2021 7:03:27 PM

Post# of 5736
On the daily chart, I saw 16$ more or less as the resistance zone, ignoring the long fast upper wick of the early February peak daily candle. So it's normal we have this rejection/pullback now. On the 15min chart, the current pullback is a falling wedge, converging soon. Trading firmly in 12-13$ tomorrow would be breakout of that wedge.
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