Global X MSCI Argentina ETF
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Potential Diamond Formation in Play

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Not yet confirmed, but a potential diamond formation seems to be developing on ARGT. Forget the noise — focus on the chart.

A trigger above 73.42 could confirm the breakout, with an upside target equal to the pattern’s height — which, interestingly, aligns with the 61.8% Fibonacci retracement level.

The invalidation level is clearly marked on the chart. If the pattern fails, that itself would signal weakness and could open the way for a deeper decline.

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