Will Price Now Pullack for the Bulls?

After breaking out of the tight range that price had been forming on the daily chart, price quickly rocketed higher.

Price is now sitting just underneath the daily resistance that last saw price make a serious sell off.

If this level holds, it could send price back lower and into the old breakout resistance level. That level could be a high probability level to look for long trades on the intraday and daily charts.

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