ASR-VC Indicator 4h Channel Status Update:
The trend structure continues the ideas in the citation, moving in a range-bound oscillation, but there seems to be some potential for a diamond pattern in the price form;
If this structure can unfold, then a breakout should occur on Friday!
Question: What is a diamond pattern?
Answer: A relatively rare oscillation structure where the price oscillates the most in the mid-section of the oscillation, with smaller fluctuations before and after the oscillating market;
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Question: Stop the nonsense! Bullish or bearish?
Answer: Continue to be bullish until a breakdown occurs in this small range and the structure is damaged. Once a downward breakout occurs at the end of the price and breaks below 100800, turn bearish.
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Question: What trading opportunities are there?
Answer: Currently, only short-term trading is possible; for me, it might be better not to trade at all...
