This Idea graphically demonstrates various zones as price naturally heads down, towards the 2 RED Median Lines. If prices break down and ZOOM through these lines it will show weakness and a continuation, However prices may touch or miss these lines in which case it will show strength towards the target zone.
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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.