A triangle pattern is likely to form. Therefore, it is expected that a trend change will form in the current support range and we will witness the start of an upward trend.
A break of the support range will invalidate the above scenario.
A break of the support range will invalidate the above scenario.
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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.