FCPO1! Price stuck in range. If you like trading ranges then this is your market.So where is next?
If price can break 4689 and close above it then we are breaking higher.
If price instead move lower and break Support #2 then it will be a long way down. Perhaps towards below 4000.
Since price failed to break any structure to go long last week, 4575 seems to be the resistance for now.
Happy trading 💰!
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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.