PERFECT three drives pattern setup w/ 1.27 fib. Looks like it will have a sucker's rally up to the high then dump on retest. Looks like there's no way daily RSI won't diverge at that point. Watching this one closely as it's a rare pattern.
Note
apparently this pattern is so rare I totally drew it wrong and expected FOUR drives... LOL. it's already on the way down and looks to be breaking the channel today.
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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.