2 Scenarios possible, looking for a brake out from the consolidation pattern.
Brake below support with lower low meaning bearish momentum, brake above the resistance meaning bullish momentum.
Brake below support with lower low meaning bearish momentum, brake above the resistance meaning bullish momentum.
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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.