This chart shows 15-min candles. We can see two things: 1) descending broadening wedge. 2) inverse head and shoulders. The descending broadening wedge is projected to eventually retrace back to its origin (at the beginning of wave 1, around .4017). The inverse head and shoulders is a powerful reversal pattern found at the end of a downtrend. However, it is also expected that after a major bull run, it will return to the neckline and retest it as support before continuing higher.
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