"Biden Aides Tell Congress Allies Aid Plan May Be About $2T - CNN" - We've seen an initial rally to the news that Biden's aid plan will be higher at $2 trillion compared to the initial estimate at $1.3 trillion. - Saw an initial rally, however pulled back fast from highs (~1.42) - Potential "Buy the rumour sell the news" could be in play - 104 level + trendline...
- As shown in the chart
- As shown in the chart
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Possible short term bullish reversal in the form of an Ascending Triangle pattern on the cards. Upward sloping lower trendline acting as support Upper horizontal resistance @ 1854 acting as barrier preventing move higher MOST importantly clear reducing volume throughout formation of the pattern indicating "coiling" for a move ** A clear move above the...
- As shown in the chart
- As shown in the chart
- As shown in the chart
- As shown in the chart
- As shown in the chart
- As shown in the chart
- As shown in the chart
- As shown in the chart
- As shown in the chart
- As shown in the chart