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FCPO WEEK 43 2024: Bullish retracement.

Oleh edramlan
Price has been moving higher after penetrating the neckline of the rounded bottom. Price stays above the neckline for the passed 2 weeks and it should be the indication that momentum is building for a move higher. However expect that price will make a retracement lower to the support area. If this area holds then price should continue higher and possibly making a new higher high.

Happy trading week.
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edramlan

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