Every time price has had interaction with these lines there has been rejection. It's getting close to a point where price will have to break this sequence or continue on its path.
Price has been making higher lows since the last 3 touches, which suggests that current price may be a bottom for the next move upwards.

Previous analysis linked.

These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).

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