Nice straight trendline, test areas tested, including a spike through, and had 2 respected candles in the weekly chart. Then for the countertrendline, we perfectly broke out, while all the levels were met perfectly.... support level was respected too. Great old example and practice for spotting countertrends and trendlines. -KH
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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.