Thanks to the sudden burst from the bulls a cup and handle pattern is currently in play...which is just the type of thing we would need to be able to break above the descending grend channel top trendline which is necessary to break the neckline of the inverted head and shoulder pattern....We shall know if we have a cup and handle pattern on our hands within the next 8 hours.
Note
green not grend
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.