- Price is currently in a correction in an ascending channel
- Price is at the top of the channel, once it falls to 50% fib retracement would coincide with the bottom of the trend line and also small consolidation
- TP would coincide with double top
- Price is at the top of the channel, once it falls to 50% fib retracement would coincide with the bottom of the trend line and also small consolidation
- TP would coincide with double top
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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.