with no significant sign of reversal, the price seems ok to continue the parallel channel as it has touched the lower trendline the next possible move is that it will hit the upper trendline as it has done in the previous situations. Area of the next HH has also been marked on the chart, and also buy position with instant been shown.
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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.