I am a beginner and can make no financial advice. I have a pink line is what I think we will get after my first lines turned out to be true.
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ok, purple..
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Though - the grey bow In the chart for me is the inverted impact of the MACD. If MACD bounces again that would again press the priceline to the red arrow and you can then just take as a linear down"trend".
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^^when yellow and purple hit.