the 4h trendline is coming to an end by a daily s/r. the 4hr is being squeezed and the 1hr chart shows it will make a return to daily/4hr resistance to then give it the momentum it needs and crash through that trendline and headback down towards the daily/4hr support shown in the diagram on the chart.
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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.