zooming out, you can see we broke out from the ascending channel and tapped resistance line, we just lost the 4h 200MA so we have two levels of support for a bounce which I will show you below 👇
Note
see the diagonal white dashed line, we must bounce there or the green line, which is a major support level because it is the upper channel of the ascending channel which was resistance for a long time, we must bounce on two of these levels or capo was right lol snapshot
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