This same formation/pattern can be seen to repeat (in green)
Each drop is followed by an equal or greater rise
Assuming it continues the rise should be equal to the drop point so where I have placed the bars pattern
Each drop is followed by an equal or greater rise
Assuming it continues the rise should be equal to the drop point so where I have placed the bars pattern
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.