Notice the red circles. These are countertrends. They tend to match the previous divergence. In other words, as soon as you get the same volume and price action on the other side of a triangle or channel, the trend ends. Scratch your head on this one.
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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.