Price broke out of ascending channel that is lined up with support zone.
Price has the potential to retest resistance level and move lower.
Awaiting bearish corrective structure on lower timeframe to confirm set up.
Price has the potential to retest resistance level and move lower.
Awaiting bearish corrective structure on lower timeframe to confirm set up.
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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.