Here are some daily Scenarios. Trend is UP. Consolidating at the bottom of the channel. Tapped into demand zone 3 times. Might get a manipulation in the demand zone and go higher. Might also get a breakout from the channel, that will accumulate Short positions, but probably the breakout will fail and we'll resume the uptrend.
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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.