The price is expected to fluctuate within the specified range. Then there is a possibility of a trend change and the start of a downward trend.
If the price consolidates above the red resistance level, the upward trend will likely continue.
If the price consolidates above the red resistance level, the upward trend will likely continue.
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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.