Based on the chart, the price is close to channel resistance âïļ
and
here we have an important support area for the price âïļ
if
the price breaks the purple area and our channel resistance to the upside and stays far from the purple area, we expect sharp gain for the price ððĢ
other important support and resistance are located on the chart âïļ
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
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