I made this lines in hope for a meaning that might happen once the price action hits them. I will wait and watch this unfold and maybe post updates as we go along exploring this.
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Almost a hit in the middle of the ellipse. Not that it matters so much. Other relevant coincidences happened. Did they happen before I drew, when I drew or after I drew? That is the question. What is time anyway?
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Blue and green arcs for the bouncing, red ellipse for the stop and reverse. Big triangle for the general trend. Yellow line no comment.
