The more horizontal the trendline, and the more touches of price to that trendline, the more ominous. Many times, a decisive break of the line, leads to a move equal to the previous range. That would be over 3000 points!
ChrisBrecher
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.
ChrisBrecher
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.