Everything went according to the previous analysis, and demand appeared from the first zone at $14.
If this liquidity inflow is not just a pullback to the $17.5 level—which, given the momentum and demand structure from the channel bottom, I doubt it is—then we can follow the price up to the channel top or the $23 level.
If this liquidity inflow is not just a pullback to the $17.5 level—which, given the momentum and demand structure from the channel bottom, I doubt it is—then we can follow the price up to the channel top or the $23 level.
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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.