We've completed a five-wave structure, removed liquidity above the previous high (ph), and on the linear chart, we're breaking the ascending structure (bos). These indicators suggest a probability of correction towards equal lows (eql), which act as a price magnet.

After removing liquidity at equal lows (eql), I anticipate price action ascending towards the upper level of the sideways channel. This will confirm the range.
Elliott WaveRectangleSupport and Resistance

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