The smaller pink dotted measured move line is for the inv h&s pattern its formed inside the wedge with the top trendline of the wedge doubling as the invh&s pattern’s neckline. Hitting that smaller target is more or less a 2x from current price action. If we hit the full falling wedge target that’s a 4x from where it is currently. *not financial advice*
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.