It looks Like we are in consolidation from the second leg up. I feel the consolidation will fall to the resistance I have drawn before it shoots up to my target indicated on the chart. This can potentially create an Inverse Head & Shoulders indicated by the pink lines.
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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.