possibility of uptrend
If the price can consolidate above the support range, the start of the uptrend is likely.
Otherwise, the continuation of the downtrend is likely with the support range broken.
Otherwise, the continuation of the downtrend is likely with the support range broken.
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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.