Blue log curve is our new long term parabolic up trend; Blue dashed line represents the linear form of the parabolic trend; Orange dotted lines show the current linear channel. If the blue log curve holds we can expect new break out later in the year around November, if it does not hold then the linear lines (blue, orange) should hold.
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.