The price seems tired of being in the correction phase and is beginning to attempt a return to growth. The sequence of daily candles has started closing above the previous resistance level. During the following trading week, a breakthrough to a new all-time high is possible.
This is explained by the fact that the presumed Wave 5 of (v) of the upward impulse is being formed. The target levels for this movement are located at the upper boundary of the ascending channel in which the current impulse is developing.
In this situation, it is recommended to actively buy at current market quotes.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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