Price has been on a downtrend following a clear channel and a bounce off the lower resistance will see price coming to the support area. under the 1 hr timeframe a smaller correction has been made a clear correction for the movement to the support trendline to be possible
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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.