Price made a strong break above the resistance line at $161.50 before the market closed on Wednesday. I'm looking for a small retest on the 3min timeframe and a push to the next resistance line at $163.25.
I personally don't see price holding the $163.25 level so I'm expecting a selloff once we get there. But you never know so we're going to play it how we see it!
I personally don't see price holding the $163.25 level so I'm expecting a selloff once we get there. But you never know so we're going to play it how we see it!