The instrument is in an uptrend.
The price is sandwiched between local support formed inside the channel and strong resistance - the border of the price channel.
On a lower timeframe, we see a triangle pattern, a breakdown of resistance and consolidation after a correction at this level - a classic signal to buy
I expect a global correction to the channel resistance with further growth to 137.43
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The price is sandwiched between local support formed inside the channel and strong resistance - the border of the price channel.
On a lower timeframe, we see a triangle pattern, a breakdown of resistance and consolidation after a correction at this level - a classic signal to buy
I expect a global correction to the channel resistance with further growth to 137.43
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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🔻FREE Telegram channel🔻
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t.me/DeGRAMForex