STRK — is the setup repeating?

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Back in May, STRK rallied all the way into the 1x short liquidation zone, measured from the cycle low.

Now we may be seeing a similar structure again.

From the latest lows, price has already pushed through the 1x short liquidation level.

The key question now:

Is this the start of another reversal?

This is also one of the patterns I’m currently working on quantifying in a new liquidation-based indicator.

I’m watching how price behaves after this liquidation zone.

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