In the main trend, there is a selective descending channel with a 40% step. The large player operates by accumulating, pushing, and so on until there is an exit from the channel. Afterward, the chart is highly likely to transition into a "saucer" pattern. The pattern will play out up to the previous highs. It’s better to start trading on the breakout or a pullback after the breakout of this descending channel.
Chart PatternsHarmonic PatternsTrend Analysis

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