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Why UP?

1. The price rebounded from the bottom border of the flat, which is the support level.

2. The price also broke through the Fibonacci level of 38.2% UP. So, it will most likely reach at least the level of 50%, which in this case is the upper border of the flat.

3. We aren't relying on the ADX indicator: firstly, it is decreasing (it's showing the end of the trend), and secondly, the ADX is not very indicative on a flat at all.

4. The RSI is in the middle of the range, there is still time before it reaches the overbought zone.