According to the S & R line, I understand that the formed base is turning into FTR and also the pink oval strongly proves to me that the formed base is not the bottom of the candlestick trend and we should consider the bottom of the trend as the base of the pink oval.
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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.