Thanks to fingerex (tradingview.com/u/fineregex/), he noted I got one point wrong and it all makes much more sense now.
Heinzz (tradingview.com/u/Heinzz/) also asked "Can you make another chart projecting the parabolic channel into the future to where they meet?" - So I've extended the lines to show just that.
Heinzz (tradingview.com/u/Heinzz/) also asked "Can you make another chart projecting the parabolic channel into the future to where they meet?" - So I've extended the lines to show just that.
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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.