this pattern indicates that positive breakout will occur after minor corrections, as in downside there are many support levels .
Having many supports nearby ,market corrected over long time, this pattern all indicates potential upside .
Having many supports nearby ,market corrected over long time, this pattern all indicates potential upside .
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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.