Price has formed a descending channel, this signals that price will go up to the previous resistance level.
After breaking out of the descending channel price will make an impulsive buy move, continuation pattern before continuing to shoot up.
After breaking out of the descending channel price will make an impulsive buy move, continuation pattern before continuing to shoot up.
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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.