If you cross the red line, the blue line will probably be new support, the target will go to the orange line. Otherwise it will be supported by green and lower will be the blue box.
Note
Everything seems to be on the right track, which I have outlined.
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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.