Aligning the fan at the previous high allows for a false breakout (1B).
Aligining the fan to the previous high that ALSO avoids cutting the move downward (2) avoids the false breakout. (2B)
Aligining the fan to the previous high that ALSO avoids cutting the move downward (2) avoids the false breakout. (2B)
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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.