This time I will not suggest much optionality. I see the price rallying almost immediately to form a new local high before the trend changes. I take my comfort in that I did expect a local bottom to happen and the price shaped (A)(B)(C) flat. The scenario gets invalidated if the price pierces the bottom of the channel.
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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.