IMO this correction is not over. Of course there is a chance it just runs up from here, but it doesn't seems like there was a large enough period of consolidation for us to continue upward yet. Volume was far too low and there was not enough time for more to join in.
Note
Idea invalidated IMO due to this clear triangle that broke down and should have kept going to a lower trendline but reversed up. I went long then and there. I was in the process of writing up this idea Note
Oof. Never trust a pattern
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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.