The Trend has a bend that is VERY IMPORTANT.
Because we are deviating off a standard V recovery we are looking at a giant formation of W coming in. This trend has already bent flat and lost momentum.
Possibly expect something like what is on the chart. Do note the current trade range - a break above can be a fake out top..
Possibly expect something like what is on the chart. Do note the current trade range - a break above can be a fake out top..
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