As we can see on the chart a bullish flag was formed earlier and the price flew upwards. RIght now the price in testing the fib level 1. If it breaks we are going for the HH of December. The RSI stays between 40-50 meaning the continuation of the bullish trend but using the Kelter Channel indicator we see that the price is starting to break through the lowest line meaning the start of a bearish trend. More confirmation is necessary before proceeding to a trade.
Trend Analysis

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