using 18 month high and low averages a channel in black shows the relative strength of price around periods when the averages get squeezed together
MACD histogram and signal line is currently showing similar to historic price increases
MACD histogram and signal line is currently showing similar to historic price increases
Note
amazing how news/narrative shows up right as the chart is showing major potential
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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.