1st Possible Scenario - The two rectangles are support Zones. Also based on Other People's Eliot Wave Theory we should be headed for a Correction Donwards.
2nd Possible Scenario - Given the Fibonacci Retracement Line, The Circle represents the fact that correction may already have been made and we might be seeing a huge breakout soon...
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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.