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BB: April's candle shows price testing 1.98 area of resistance.
B: A conbination of last week and this week's candle confirms the rejection of 1.93-1.98 resistance area.
Worker: Price finally broke out of WCC lasting 6 weeks. Furthermore, The last candle (4th May) confirmed the breakout with a retest of the low of WCC. However, I will still be prudent due to a very thin SR zone right below WCC.
Conclusion: Bearish bias, wait for PASR to confirm break of SR zone at 1.921 area.
BB: April's candle shows price testing 1.98 area of resistance.
B: A conbination of last week and this week's candle confirms the rejection of 1.93-1.98 resistance area.
Worker: Price finally broke out of WCC lasting 6 weeks. Furthermore, The last candle (4th May) confirmed the breakout with a retest of the low of WCC. However, I will still be prudent due to a very thin SR zone right below WCC.
Conclusion: Bearish bias, wait for PASR to confirm break of SR zone at 1.921 area.