It seems that such behavior can be expected.It is possible to move along the path indicated by the arrows and eventually reach the target. At the end of the last arrow (target) there is a classical resistance, and it is likely to stop in that area.
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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.