Im expecting the price will follow the arrow i just drew. price tend to move slower at "Base" ("Base" from "Drop-Base-Drop" marked in blue box). However, after the price breaks the "Base" level, i'm expecting the price will move up to the red box. Price however can break this red box resulting more profit. Try using trailing stops when price has reached red box. Thankyou.
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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.