The appearance of the downside trap signals at the bottom channel, which possibly implies the beginning of a strong trend reversal.
Strong long
Strong long
Note
Note
Note
Note
If this is a trap long, it could indicate a strong downside.
Note
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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.