Price is following an overall higher timeframe uptrend structure making higher highs & lows. Price this week has cleared the falling channel bullish reversal pattern to the upside, along with clearing the structure resistance on the 4 hour timeframe. This upcoming week, I am looking for price to resume the uptrend into the regions above, & for a new potential higher high in the near future..
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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.