So everyone is drawing the same triangle on a LOG SCALE but if you look at it looks too tight, and with a head and shoulders about to breakdown, try drawing the same line on a linear scale (non log) and add a fib, its a perfect 0.5 bounce
Note
It played out as i said, now you should start looking to signs of reversal.
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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.