A quick analysis of the lower timeframe. I have created a box where price is moving in the sideward motion. We can also see a falling wedge formed inside the box, Falling wedges are usually a continuation pattern so price is likely to come down and then push price back up breaking the wedge and moving to the top of the box at 12063.
Lets see how this plan plays out. Stay tuned for more good stuff!!!
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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.