Price expected to break to the upside as high as 8.75 within small bullish megaphone pattern. After it might head back down as per the larger bearish megaphone patter. 15 minute frame.
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Correction. It wasnt a bullish megaphone, rather a triangle which went to the upside to a high of 8.58. Since then its playing out nicely to the downside, within the larger megaphone. 7.8 might be a short term move