not 100% sure this is a true bullish pennant, but we have a breakout 'flagpole' and a sequence of higher lows. Not sure why it just seems insanely bullish to me. RSI strong and divergent on the 4hr. Trendline of resistance turned support. We have just flipped 0.04}
eliote wave 5 was completed and an extension too. consolidation being made approves that it has come to an end. expecting a reversal trend any time now. the stop loss for those who are still target small profits of 1-2%. Bears are jumping any time.
Milky_Udders
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@Tbex, I believe breaking 0.04 and retesting / consolidating at that level and going higher confirms trend reversal