Given that there is a possibility of a triangle pattern forming, it is expected that the price will change direction at the current resistance level and a downtrend will begin. If the price consolidates above the green resistance level, the uptrend will likely continue.
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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.