RIV - This is an update chart with some new observations when taking a few steps back. I am bullish here although this is naturally a bearish Pattern. Of course this could easily break down and run into a downtrend. Im just more on the side that history may repeat itself here.
Comment:
Well not too long after a posted this chart, it indeed decided to break the pattern to the bearish side.
Trade closed manually:
Broke the pattern and traded in range only to have a nice upside move. Closing this chart.
dafster