The price has been a trading in a channel on the 4hrs timeframe, and recently it traded on the lower bound of the channel and a reversal pattern is observed on the 1Hr timeframe.
Hence, the price is now expected to rise.
Hence, the price is now expected to rise.
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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.