Price has broken out of the descending channel, then went into a consolidation period for some time. Price has now broken the consolidation & now retested broken resistance as support. Will be looking at prices reaction at the current support for a move higher.
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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.