The price faces a strong resistance (upper trend channel line, ATH, measured move, oversold RSI). If it goes beyond it, a very strong upmove would result. This is the most likely scenario, given the Elliott wave count (3 of 3 of 3).
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.
