I posted this chart a few days ago now with the 4HR chart potentially forming some sort of bullish pennant or ascending triangle. Does anyone still think that this is in play, and why or why not? It seemed reasonable to me, but I am conflicted because the daily chart seems to be rolling over on the RSI. But, the weekly looks really good and so does the monthly chart. Feel free to share your thoughts. Seems like a risky zone to trade for now!
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