Today on the chart an unusual formation. A inverted cup within a cup. The first one (blue) has already reached its target. While the second (yellow) is slowly finishing forming. Additional confirmation seems to be the rising wedge.
This is not financial advice.
This is not financial advice.
Note
It looks like there will be a lot of action today:Note
The flag has evolved somewhat, but the direction is still downward:Note
The target of the flag is almost reached:
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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.