watch for break of triangle formation and wicks to know direction at the trend lines and also red resistance line because the red line could be a breaking point for the w formation. If it breaks that neckline and wicks downward then could continue upwards.
Long term there is still room to go down because of higher time frame previous wicks but eventually it'll bottom out and start moving upwards!
Nota
Multiple indications for the buy as it continues upwards there were many wicks that confirmed the buy. M formation formed right now because of the wicks so looks like its going down for now.
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