This could be a pitstop before shooting up again. Keep an eye out for the price breaking either the top or bottom resistance/supports.
EDIT: Stop is a little lower than I intended. If it breaks, buy and then place a stop below the support.
EDIT: Stop is a little lower than I intended. If it breaks, buy and then place a stop below the support.
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Another possibility. Wait for the break!
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This cup & handle could also be the bigger picture.
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The trade may have ended before it started. Looks like we squeezed downwards out of the symmetrical triangle below our main resistance.
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Trade closed manually:
No entry.