if you zoom out it is probably a channel which is on the higher timeframes can be seen as a bear flag so the breakdown has a bigger potential at the moment.
i dont think this setup is safely tradeable at the moment
i dont think this setup is safely tradeable at the moment
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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.