this setup is simple enough to not need much explaining, but if the fear of a global recession is over then this setup may progress further. Or the price may reverse from here proceed to form another low or worse, as the price currently id at a very crucial level. But regardless we shall see.
Happy Trading !!!
Happy Trading !!!
Note
Houston, We have a breakoutDisclaimer
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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.