Big Move is Nigh
Not only we descended from a symmetrical pattern, but also on the daily we have a piercing cloud formation - strong signs of an incoming landslide. Regarding the support line/zone at around 96, if you use the conventional 4h tf, you'll see that it has been pierced 16 times since March, and there's already a QUADRUPLE bottom in the last month, so the next time the price comes down, it has an excellent chance of rolling through. The only catch is it might take another 3 weeks for the slide to materialise.
Note
I meant 'dark cloud cover' formation'.
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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.