Triangle action here and daily EMA30 blocking the way. More sideways action expected here.
Short term down Long term let triangle to show us
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Going down to test triangle bottom is what I would expect here but..
...if they start to paint a "build up" under resistance like this then it has bigger chance to break through the ceiling
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Triangle resolved upwards
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Look for daily close. If close below 30EMA it will go back down
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Price may be forming rising wedge here which is usually a drop pattern. That's my view for now
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It's a guessing scenario at this point but I'm considering something like this if they would want to retest the breakdown level of previous H&S https://patternhttps://www.tradingview.com/x/LM8oYUI8/
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Observe the daily cloud to see where this is going short term
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The only trendline I'm interested in right now
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This is inverted daily chart for some different perspective. Just speculating here but it can form triangle or some consolidation like this