Big shakeout, which did not really draw out much supply.
FWIW, as well as the line you drew, I drew another horizontal line at 1.30 from the high of 30th Aug 2016, which together form a little zone of resistance. (have a look and see what you think).
The response should be interesting.
cheers
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Big shakeout, which did not really draw out much supply. FWIW,...
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