How to tell when trend is about to break out or down. When the formation has become recognizable to an individual a trend reversal is likely to take place. Here you have your channel Elliot wave. Ending on support, wave e. Bounce with some consolidation, a retest and then a short squeeze.
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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.