Up channel is evident and still intact
I have sketched a few chart patterns with the first smaller one being a symmetrical triangle leading to bullish breakout
The second being a larger overall rising wedge that encompasses the entire price structure history.
I see a short term bull continuation and then a possible bear takeover. I have shown this short bull move with green bars pattern.
Weekly timeframe
I have sketched a few chart patterns with the first smaller one being a symmetrical triangle leading to bullish breakout
The second being a larger overall rising wedge that encompasses the entire price structure history.
I see a short term bull continuation and then a possible bear takeover. I have shown this short bull move with green bars pattern.
Weekly timeframe