I'd short this one. 200MA and 50MA slope suggest a sell, and a touch of the upper trendline would make a double top, which would suggest a sell as well. No divergence in the MACD
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Unfortunately the .786 level was never hit and so I didn't have and entry. May be it will give us a proper retracement to that level.
Komentar:
Price action is forming a bullish contracting triangle.
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