DislikedI'm looking at this one as a possible break out play. Or better still a break of that level and a retrace. My reasoning stems from the formation of the bars themselves. On the weekly, they hit that area retreat but come right back, PBs. Like they are just picking at this resistance level trying to find an opening. If the closes were away from that level I would be leaning more towards the bear move. Just a thought.Ignored
Much like a ball dropped from a high and bouncing down (or up) before it stops and falls through.
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2nd chart is to mess with your head . .lol.
Indicators show the past. Price Action "Indicates" the future.