In the last few weeks, the price has moved above its moving average. In order to continue moving, the price should start to rest. This price break can be in the direction of the trend and the formation of correction patterns or in the opposite direction to the broken weekly level
To understand which movement occurs we have to go to a lower time
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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.