-We can see previously there was a uptrend -Price and trend changed directions causing price to disrespect the uptrend and move price below the uptrend line. -As we can see on the chart price has currently formed a pattern we call the double bottom -We can now expect to see price start to move back up to fill in the price gap.. -Also keep in mind the fed interest rate cuts September 18th 2024 that may help or have an impact on this move here .
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