The horizontal line is a strong support and should be respected.
The rounded top normally leads to a breakout.
This rounded structure is contained within a up channel which also may be respected.
The rounded top normally leads to a breakout.
This rounded structure is contained within a up channel which also may be respected.
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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.