It is expected that a triangle pattern will form and then a trend change will be formed. Then there is a possibility of an increase to the resistance trend line. The breakdown of the resistance trend line will be the confirmation of the upward trend.
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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.