Trend line holding it down! Need to break out of this channel from my last chart! It looks like the omld happened, a bit deeper then expected, but theres a possibility that sharp correction is over. Doesnt mean moon at the moment. The move down could be a subwave of a larger structure. That is the bullish interpretation. The circle could also potentially be an impulse down, which would mean a lower low. Breaking .586 would invalidate that possibility.
Note
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More on the TradeDevils Discord discord.gg/p9bjnpwnMc
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Related publications
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.