It is too soon to tell. you will notice it has spiked above the trend line on other occasions but failed. if it does push higher above the trend line, price action most times will check back to the trend line to test again the legitimacy of the move higher. so it may be volatile in the sessions ahead until it re-establishes itself one way or another. illustrated with yellow line drawing. failure illustrated by red line drawing.
how it closes this week will be important ask me again on the weekend.
It is too soon to tell. you will notice it has spiked above the...
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