We can see on the chart that the price has reached the Suppot line and it is preparing itself for a Uptrend Movement.
On the chart during the the rise of the price itself , it tests various highs it rises to the Resistance Line,then the price has a break and went for a downtrend movement to the Support Line.
Traders please make your own analysis before trading.
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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.