The channel on this chart fits a mid line that proved to be a very strong area of support that was bought up today. The bounce is strong but is still below the next line of resistance. A breakout (or a breakdown) could occur very soon. Interesting days ahead.
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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.