6 0 1
Rotation around POC as centerline is an appealing support level for traders on an overlay basis. If the centerline of the ascending channel is violated expect a balance in 29.60 to be the next support. If the 29.60 balance cannot be held, expect 26.31. We want to watch how far do traders push price from POC , then find extreme and revert to mean. This could all be encapsulated in the channel. Thus, lower channel rail is plausible.
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