In the picture above, we can see that price broke out of a falling wedge pattern in an impulsive manner before entering the current correction phase. Going long at this moment is premature however my strategy indicates this moment as an early entry signal.
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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.