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Bixley
Oct 1, 2022 2:08 PM

Banco (BCH) Up Channel Continuation 

Banco De ChileNYSE

Description

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
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