Expecting a hold of the 58.7-58.50 areas. for a test back to the target areas marked in dashed lines as a primary scenario. secondary scenario - Break below that expect to test the downside target areas. blue dashed lines- ( Long term references) Red Dashed lines ( Short term references)
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SCENARIO 2 IN PLAY. potential destinations 57.85, 57.30
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There we have it, boom a nice hold in the resistance areas( remember support turning into resistances) and then finally bulls giving away.