After a 275% increase during 2023, 
DUOL is now in a corrective move down on the Weekly, in the form of an ABC.
The most likely scenario (70% of the time) is that this will lead to another strong or weak move up from the Weekly Demand Zone, possibly a continuation of the uptrend that started in 2023.
If the price closes below the Weekly Demand Zone, the scenario is no longer valid and the situation must be reassessed.
Thinking in probabilities:
A strong move up is followed in most cases by a weak move down and another strong or weak move up.
DUOL is now in a corrective move down on the Weekly, in the form of an ABC.The most likely scenario (70% of the time) is that this will lead to another strong or weak move up from the Weekly Demand Zone, possibly a continuation of the uptrend that started in 2023.
If the price closes below the Weekly Demand Zone, the scenario is no longer valid and the situation must be reassessed.
Thinking in probabilities:
A strong move up is followed in most cases by a weak move down and another strong or weak move up.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.