Price is moving within the expanding channel... But currently the price is trading within the falling wedge pattern. A probability trade, the price will break the expanding channel and continue moving up indicated by Green arrows and a possibility trade, the price will test the expanding channel resistance level and reverse lower indicated by Yellow arrows
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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.