Following the most recent significant low and high points on the 4-hour time frame, it becomes apparent that the chart has established a new high without subsequently forming a low lower than the one preceding it. This suggests that when the price retraced back within its previous range and then continued its upward movement, a distinct price reversal has occurred. As a result, it's highly likely that we will witness a trade with a 1:1 ratio in terms of the channel's size.
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about to reach the tp
