This setup provides clear invalidation below discount area at 8.00$ with a take profit level at range premium of 12.00$, which gives 50% move. It can also be a tripple bottom with a neckline at 12.00$, which if flipped opens a target of 18.00$. I’m entering it here and leaving room to DCA lower.
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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.