Looking to the left on the 5 min chart I also note that the 58-60 level coincides with significant area of consolidation / support that occurred on 13/4 ... It took a day to break up through this level ... Suspect it make take at least the same or more to break below it...
Yep I reckon this is the reversal area ...(World Markets permitting that is)
Again All IMHO..DYOR
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