ROSE is seemingly following a trading pattern which almost exactly resembles the pattern that ROSE followed earlier in the summer-21 bear market.
Assuming that ROSE will follow this fractal, it signals that there's more potential downside risk before we can see another bullish move again. Furthermore, this fractal signals that the $0.18 area is the bottom, and we will visit it again.
In case you're looking for a long-term trade, ROSE might be a good bet.
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