Every time price has had interaction with these lines there has been rejection. It's getting close to a point where price will have to break this sequence or continue on its path.
Price has been making higher lows since the last 3 touches, which suggests that current price may be a bottom for the next move upwards.
Previous analysis linked.
Price has been making higher lows since the last 3 touches, which suggests that current price may be a bottom for the next move upwards.
Previous analysis linked.
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