Looking at the monthly chart, we can see a clear parallel channel. Also note how this market has tested these lines since 2006.
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olijoel
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Yes, I went in yesterday, specially after seeing how price moved over its previews triangle formation. I posted an idea for this in tradingview.com/v/tEpdWHEz
BizkitBR
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Thanks I forget to look at the monthly chart.. I think its on track now as it just had a recent jump out of down trend....