4 HOURS TIMEFRAME ANALYSIS
Price is at a potential support zone and is still on an uptrend in the higher timeframes.
So the descending channel can be viewed as a retracement move.
Still bullish, the treatment for the symptom of inflation cannot cure inflation.
So the descending channel can be viewed as a retracement move.
Still bullish, the treatment for the symptom of inflation cannot cure inflation.
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.