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mini target, before exceeds it, no chance the low was in.
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I see good chances the low was in, may have a higher low revisit though as illustrated by dashed blue lines.
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Added back an app that draws swing highs and lows. Saying that because you can easily see that earlier the measured moves were dead on, this time on the up and down not so much.
WMS. I missed this one overnight, and in the early morning. No worries. Catch the next bus. I have no idea what or who is driving this one. It is just a chart.
Charts posted are not recommendations. They are just a sharing of information.
Around 11:30 Eastern (9:30 on my chart above) the pullback from the swing high was deeper and the bounce up failed at trend line and EMA. This time it looks like the upper channel is going to be challenged without tagging the lower channel first. Possible breakout and go for the days open.
the higher low test was higher than normal but still there's a test (green arrow). now it's clear the low indeed was in.
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