The big orange trendline represents resistance (also this current level just so happens to be a fibonacci 0.618 retracement), should it bounce off, wait for a trendline break from 09/04 low to recent highs, the green lines show a possible ABCD move it could make.
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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.