Price increased on the short significantly after the lower median line (lml) retest and now it is somehow expected to reach the median line (ml) of the minor ascending pitchfork. Only a valid breakout above the median line (ml) will confirm significant upside movement.
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Disclaimer
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.