For detailed information please look at the chart
评论:
Break up is possible. Watching price action under channel line.
评论:
Price has broken flat channel i am expecting continuation to the upside. in case price do not continue to the upside and change the pattern and structure i will update that. Currently it seems to me that price forming rising wedge at the top of the flat channel and has broken down. Although this is a trend reversal patterns but break down is not really strong enough which means it can form new high. If i will see new formation on lower time frame i will update that.
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