50-Day Breakout Theory"
"We have identified a pattern 📊 that we’ve been studying for some time. Currently, we are observing a 50-day range ⏳ marked on the chart. If the price breaks and confirms the high of the last 100 periods, there is a strong probability of reaching the target zone 🎯, highlighted by the green rectangle at the top.
It’s important to note that this projection is only valid if the breakout occurs within the 50-day period we’ve outlined. Otherwise, if the price fails to hold above the high, we’ll review and update the analysis 📉 in case of a breakdown scenario.
I will continue to monitor the situation 🔍 and share updates as the scenario evolves."
It’s important to note that this projection is only valid if the breakout occurs within the 50-day period we’ve outlined. Otherwise, if the price fails to hold above the high, we’ll review and update the analysis 📉 in case of a breakdown scenario.
I will continue to monitor the situation 🔍 and share updates as the scenario evolves."
"Access our premium algorithms 🍻! Invite us for a beer at buymeacoffee.com/pinescriptlabs, then add your TradingView username in the 'Say something nice' section and send us a private message."
Penafian
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