$TLT Retrace and Go

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This also looked to be a valid bearish cipher followed by a possible bullish 5-0 patter. However, I decided to assume that a double bottom has completed its measured move and will follow DOW's law with a 50% retrace. I believe the trend is still strong and after the correction will reach newer highs. Personally, I'm long here but acknowledge the short-term downside risk. Good Luck!

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