
Note
My prediction now is that waht I originally anticipated to be a massive inverted head and shoulders I think will now become a massive double bottom and that the grey ascending trendline (around 6800) is very probable to be where the body of the last candle of this dip closes....this is just a hypothesis but I like the probability of it...because if it does with maybe a wick slightly below it in the 5900-6500 range then we would indeed have a massive double bottom at play with essentially the same potential of an upswing as we would have gotten with a valid inverted head and shoulders.Disclaimer
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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.