Chart squared to negative space above first major price action (left green circle) . This 1.0 unit circle is then used to encapsulate smaller price actions, revealing upward and downward channels from tangents. Lastly, we confirm all placements using the three orange circles spaced evenly up the channel, all still containing the same black 1.0 unit circle for scalar.
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.