I expect price to start to squeeze more before breaking out of this channel.
Personally for an ABCD pattern I would like a strong reversal around the respective Fib lines.
There is strong divergence forming.
Comment:
Price has broken out of the trendline.
Look for a nice candlestick for entry.
Divergence is still evident
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Look for a nice candlestick for entry.
Divergence is still evident