The price has reached the upper limit of the trend forks. We are observing the final part of the correction. At the moment, the price has broken through the median of the trend forks, which means that it should at least test the lower boundary of the equilibrium channel area (61-60). I assume that the correction should end in the 55-50 area.
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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.