The price is expected to rise to the specified resistance level. Then there is a possibility of a trend change.
If the price consolidates above the resistance level, a continuation of the upward trend is likely.
If the price consolidates above the resistance level, a continuation of the upward trend is likely.
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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.