1. Touch the top line of the descending channel(100) that will mean a start of the following correction moving.
2. Touch the bottom line (112) of ascending channel or even burst in it. In such case this will mean, that it can continue moving up in that channel and then go higher.
But in both cases we will see preferred a long steps during the nearest time.
Does not constitute a recommendation.
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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.