As you can see, we broke the bullish parallel channel and now we are in the descending triangle, which is bearish setup. Retest of the trendline was successful, so there is no need to go up anymore.
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Thank you for your chart, but isn't it a giant falling wedge which should be a continuation pattern to the bullish side? That's what I see.... or would like to see;)
Tolberti
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@Vinnerdude, Good point, but i dont think so. The major trendline is also broken, so i think we need a correction.