Historically, TA has shown proven and confident major Trendlines. In this example the TA shows that the trend base is a little lower than the most recent lows of date. However the lows of date do line up with basic chart architecture using the projection of the head/shoulders. Only time will tell.
Dates and price are approximate.
Dates and price are approximate.
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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.