Similar situations are portrayed on this THETA chart
A breaking of a downtrend (dashed line), leads to a rise in price
The indicator 'Gaussian Channel' acts very similar in both situations, a curved rise
A breaking of a downtrend (dashed line), leads to a rise in price
The indicator 'Gaussian Channel' acts very similar in both situations, a curved rise
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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.