Looking at monthly levels looks like we may be in a accumulation stage, we seam to be in a pattern of some sorts. If we break out pass the over head level I could see the momentum of distribution pick up and could maybe push pass the next level above to to test higher levels a pull back to the bottom level would signal a buy for me based on the R/R. One would maybe want to zoom in on lower time frames and possibly find a better entry or set up on this one.
This is only educational and not financial advice any likes or comments are greatly appreciated.
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