The price approaches the upper border of the wedge. In case of strong bullish momentum, the wedge can be broken to the level of 200 MAs. Bearish scenario will turn the price down and lower to 50 EMA
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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.