This pattern is in the process of forming but I think it is highly likely to complete soon. After price dips one more level, it will retrace back significantly and then will continue falling. This position aims to capitalize on the falling to the third level.
Trade closed manually
Price is moving up instead and the pattern is invalidated.
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.