Analysis provided within the callout boxes on chart. I will be waiting over the next few days for price to potentially form what I have annotated and that will be my primary focus for the time being until price action tells me otherwise. Price may reach the next level of resistance before my idea comes to fruition or it could break the existing channel and continue lower, both of which invalidating my trade idea.
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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.