We can see two consecutive Ws forming. The first one was a very steep one. As a rule of thumb, if the angle is greater than 45 degrees, it's a sign of a rather short euphoric increase before a fallback. The second one approaches the trend line.
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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.