Since the market traded a double bottom two months ago on the 9th of April, it has rallied over 20% on Trump's backtracking of his foreign policy stance regarding international trade.
Throughout this rally, this trendline has proven to be the only respected structural artifact save for this fixed-range volume profile that serves as the sole area of high liquidity.
Throughout this rally, this trendline has proven to be the only respected structural artifact save for this fixed-range volume profile that serves as the sole area of high liquidity.
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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.