The price is moving in channel pattern. We can try to open position once the channel is broken. If the price broke the upper channel line, it will be most likely to test the resistance line in the area of 1430s. If the price broke the lower line, it will most likely test the support line. Trade Safely ! Have a good weekend.
Note
Lower line broken.
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Related publications
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.