Compression as defined by the 120 period is liable to provide resistance for that compressing period. Trend continuation after rejection is likely.
Note
Super.Note
And by super I mean oh yay I was right about the economy crashing
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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.