The second trendline steadied the ship, knowing how far they wanted to let it go before they started a reversal. Also, the shaded area has been a dominant force as an area of change in direction. I wouldn't be surprised to see this soon.
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.
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.