I'm posting a videon on YouTube to explain this in detail. The idea is that we may be seeing a descending triangle & a breakdown.
Of course, this last bounce is not guaranteed.
Of course, this last bounce is not guaranteed.
Note
yes, was just a bounce
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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.