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Looks like we are taking the stairs down.

Here on the 4hr chart we see this big symmetrical triangle. Inside on this triangle we keep forming small bear flags and dropping lower. If the pattern continues it looks like we will have a big drop, then consolidation, a big drop, and so forth. How low will it go? We don't know, but I'm willing to bet that we will at least test 21k range if it breaks lower.


Just my opinion. Not financial advice. DYOR
Chart PatternsTrend Analysis

Feragatname