The chart should be clean, therefore, as , I remove everything unnecessary. Keep it simple.
Facts 1. There is a local uptrend. It wasn't broken. 2. There are two zones of consolidation-distribution.
Forecast and Plan 1. If the price remains above 9400, a break out above to 11k+ levels is still possible. 2. Drops below $9,400 = partial short with the target $8,700-8,600. 3. Holds below $8,600 = short with targets 7400, 6700, 5800.
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