Idea: Price tried to break through the daily 100 MAs. The daily 50 MAs is a strong support level. The price is in the zone of strong overbought. A second attempt to rise to 100 MAs is possible, but the probability of a retest of 50 MAs is high
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.