What we saw previous to the bull run in April-May could be a potential scenario to what we are seeing play out now. Sideways action right below previous ATH to mimic step 6 until August 1st would not surprise me.
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.
