There's some good symmetry (time & price) & a couple of patterns trying to play out here. If we hold above the low from 12/14 for a nice move up, with possible rejection points along the way. For support, the green line must hold for a potential new pattern to come into play. for resistance, watch the B points of the patterns as well as the extensions (in black). I have target above that but let's take one step at a time.
Note
I had to adjust the bullish patterns to the new low, but they both still fit as long as point A isn't breached.Note
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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.