How trend / repeating lines merge, cross & twist harmonically and then break or give way to others.
Like a syncopated cartwheel, rhythm ... wave.
(The end grid is formed by two opposing forks running simultaneously, hence the emerging triangle structure. The band of (pink) lines 0.958 - 1.057 : IMO very decisive, in that it must either push above them, or collapse below. If the upward fork of the end grid, fails, then I think the outcome of 'battle of the triangle' is determined.)
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.
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.