Quit an interesting situation , from where I am anyway. Needed a lot more effort to penetrate that 4.5 area but as you can see that there is nothing to the left of those lows under 4.5. So either the supply is almost exhausted from the traders under 4.5 or this is some accumulation phase. Certainly we may see some trapped in buyers from 4.5 to 6.0 but that's another story. Would love to hear others opinions o the current chart situation.
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