Two patterns I see forming. An immediate bear trap is possible. We could potentially see a head and shoulder play out to confirm the resistance caused by another massive descending triangle. Also, for the bulls perspective there is potential for this cup and handle to play out along side a bull flag. Please feel free to comment, this is not investment advice just my own opinion on the technical analysis at the moment and at any point is subject to change. Please feel free to comment and let me know what changes could be made to my TA. Thanks and happy trading!
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