KEL - 1D: Price action is currently testing resistance around 2.50 with structural break of parallel channel. It seems that price may have the strong potential to break successfully of this zone and enters above the resistance to act as support. We can expect the price to unlock the next resistance (target) of around 3.67. However, risk is defined under 1.90.
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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.