After a strong movement towards the downside, we saw ascending price action. Now price has broken out of the correction impulsively . Price action also a potential to form a H&S pattern
Note
Trade re-evaluation. Price action indicates corrections may not be done. Lets look for another selling opportunity at the top of this ascending structure.
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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.