The price is in an uptrend and has approached the previous high (HH) level. At this point, we will watch for a potential rebound to continue the price growth, while being cautious of the risk of a false breakout. It is crucial to look for the appropriate confirmation before deciding to enter the trade.
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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.