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ALEX Lab

ALEX - one more dip?

22
ALEX created H&S pattern, broke down, tested breakdown and finally dumped. We have some more room to dip before we can start talking about reversal. Once we hit bottom I expect bounce to break out of falling channel and test last S/R range. From there likely rejection to form higher low and if we manage to do this then we open path to new impulse leading to test of ATH range.

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