Dynamic Lines, Trending Lines, lose momentum and Angles tend to revert to the mean. Patterns form in-between those lines. Specifically, a potential harmonic pattern could morph, and/or an Elliott Wave corrective ABC.
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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.