Preferred direction: SELL
Comment: Buyers managed to overcome the resistance at 76.30, although we assumed that the instrument would form a balance and then attempt to grow.
At the moment, the instrument can correct downwards towards the level of 76.30, but there is, of course, an option with even deeper growth, and then a fall. The best option would be to enter into a trade and gradually gain a position. And of course, the most conservative entry will be at level 83, just after a deeper growth.
Thank you for like and share your views!
Comment: Buyers managed to overcome the resistance at 76.30, although we assumed that the instrument would form a balance and then attempt to grow.
At the moment, the instrument can correct downwards towards the level of 76.30, but there is, of course, an option with even deeper growth, and then a fall. The best option would be to enter into a trade and gradually gain a position. And of course, the most conservative entry will be at level 83, just after a deeper growth.
Thank you for like and share your views!
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