The chances of it breaking through on the downside or the upside is pretty high. If it breaks through the trend lines (Purple & Orange) expect it a rally in either side. Keep a good look on it to avoid any fake breakouts so keep your SL tight.
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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.