The price is at a very important level of the ascending channel. The price could go either way. To go long i will wait for the price to break the dynamic trendline (green) and close above. For shorting opportunities, i would like to see price break the support trendline channel and then retest.
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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.