Price is below 200-day SMA and stands bang on the triangle's lower band. Let's see what's next...
$PM sitting bang on trendline here.
Looks like a breakdown from a diamond formation.
Having (thus far) trouble breaking back up from a long-term trendline.
I had published another similar title idea earlier but I think that this formation is beter defined.
RSI already broken out of downtrend, will price follow ?
Looks like some huge triangle of sorts and this is not the first time the ratio has been unable to break out of the overhead descending trendline/band. Since the triangle's lower band is not that far now, anything goes.
RSI testing the descending trendline which worked as resistance in the past.
A bit counterfactual considering market expectations and such. Just putting it on in order to see what actually happens and using this as some kind of calendar. cheers