Blue and Red Lines
There are two scenarios for it. First, it will break the red line and keep going up. Second, it will be rejected from that area and will take time on blue parallel channel. it is not a advice surely.
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.