Price breaking this ascending channel consolidation. If price consolidates below the bottom trendline then the odds are good for another leg or two down to our Target area. If price reverses quick into the channel then it can test the upper channel or we wait on the sideline to see more direction.
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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.