We are at the top of the channel here as shown. Some traders may see that we have broken horizontal S/R however, this could simply be the a break higher to complete the touch of the top of the channel. For the sell to be valid we would price to break this again firstly as shown.


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More Info here:
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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.