Broadening formation or a wider channel moving up?
A decidedly down move has touched both a horizontal area of support and a lower upward trend line that I've drawn out. For now it appears that we will break downwards into a broadening formation. TBD.
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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.