The price is now trending up in a trend channel, which has been drawn on a higher timeframe.
Furthermore we can see a strong rejection of the lower line of the trend channel.
Target is at the upper channel line.
Furthermore we can see a strong rejection of the lower line of the trend channel.
Target is at the upper channel line.
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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.