Look at this descending Chanel in 4h time frame. the high highs changes but the support(lower) are still strong ($45500), so it's a confirmed indication of "long" from 7 January. and the next target is $49500 is per the Fibonacci Level.
Note: Long from 07 January.
Note: Long from 07 January.
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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.