The golden cross is now being shown on the 1 day chart. We also closed the last 1 day candle above the top trendline of the bull flag we have been consolidating in. I anticipate a confirmation of a bullish breakout of the bull flag on the current 1 day candle. We also have closed above a 4hr chart inverted head and shoulder pattern that had developed inside the 1 day bull flag. This is also bullish...but of course with both the flag and the inverted head and shoulder patterns we need confirmation on the next candles and also bullish volume to go with those candles as well. There is still a low probability chance that we could get trapped with a fake out but odds of that are very low. Worth being prepared for all the same though.
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