Using a Fib channel on the RSI it shows the Jan 2019 bottom was established from the 3 previous anchor points. It also shows the bull market starts once it crosses the heart line of the channel / 70 on RSI (Monthly).
The green ascending line of support from 2015 is very close to making contact with current price action. If it holds, there can be an ascending triangle / pennant however you look at it.
*Not Financial Advice*
The green ascending line of support from 2015 is very close to making contact with current price action. If it holds, there can be an ascending triangle / pennant however you look at it.
*Not Financial Advice*