The price is once again meeting the support level that has remained unbroken for three years.
At this point, I expect a recovery towards the purple trendline, where there will be a new attempt at a bullish breakout.
The triangle is reaching the apex of compression.
At this point, I expect a recovery towards the purple trendline, where there will be a new attempt at a bullish breakout.
The triangle is reaching the apex of compression.
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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.