Seems like an inverted Head and Shoulder Pattern being formed. The targets could possibly be much higher if the pattern stays true to it's nature. Given the scenario of the market, let's keep the targets low and then decide on the follow up price action later.
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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.