As you can see on the chart, the price has reacted to the supply area and the midline of the channel, and it is expected to go down to the green demand area and then move to the second supply area and the channel ceiling.
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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.