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We also informed you that the price will rise from these areas in the previous analysis, and this is what happened. The analysis can be found below
And now what next!
Let us focus well on the declining trend line, as it is the good key that will inform us of the upcoming movements. We notice the price when it reached the line. We formed a strong candle to the bottom, and this is negative.
We expect to form a head and shoulders pattern in the medium term. If this happens to happen, the price will start again in a strong wave to the top.
Respect each level with caution and do not rush
Take Care
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