I think if you know how to draw well enough, yeah, you can kinda predict the future. Expecting price compression into 550 to the end of the week which would form a doji leading into May. Above the red line, we're more bullish, below the green line forming the compression triangle, we would be going bearish. An Iron Condor between 553 and 546 would probably work.
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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.