When prices break out of a trend channel, track the correction closely. When the correction starts to fizzle out, expect prices to attempt to make a new high.
If I do a Measured Move of this current downtrend, target would be the range midline (no surprise). Will look for an entry around there
If I do a Measured Move of this current downtrend, target would be the range midline (no surprise). Will look for an entry around there
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