Based on the current price action, it appears to be a bullish trend. If the upper resistance is broken, we will go long. On the other hand, if it breaks the current higher low, it indicates a trend reversal, and we will short it.
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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.