First off this is Ultimately a triangular squeeze, Followed by the price action transition into a Daily diamond at the edge, which is a great segway for some movement soon. On the weekly we have a "unconfirmed" TTM Squeeze and the Histogram curling upwards at a decent pace over the last couple days and, we also have an A13 a couple candles ago which is a great indicator not only that the diamond is in fact there but the Squeeze as a whole. It's also a Great indicator that Volatility will pick up and I have measured out the price action possibilities with some rectangles.
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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.