Here we have this asset at a critical point in the parallel structure, time will reveal if it falls out the channel to the Demand Zone or cycle up. Please see chart for key levels and parallel structure. Price must overcome the 11.83 to avoid the descent to a possible down trend.
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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.