Price was in a strong bullish momentum in January and beginning of February 2022. Price got rejected at the December 2021 high and began to consolidate in a bullish flag formation. Just at the start of this week we saw price breaking out of the flag pattern. I expect price to rise with the possibility of reaching 1.461.
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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.