Well, the price behaved just as we analyzed — it returned into the range and even managed to break it from the top. On the lower timeframe, it also made a pullback to the channel’s ceiling. There’s a chance the price could move a bit higher, but it’s risky, and for a long position we need to have confirmation. ✅
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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.