Taking a look at the 30min chart, we can see 2 inverse head and shoulder possibilities. The larger one in green and the smaller one that's almost complete in orange. The one thats almost complete in orange is targeting $9,350 or so and the larger one (if the orange one doesn't matérialise) is potentially targeting$9,450 is the right shoulder forms.
In either case, there are enough signals/patterns on the chart to warrant an increase in price. RSII is in good territory while is neutral looking. Also, the 50 and 200 are approaching each other which if they cross would be very
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