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We have two different pattern on this chart. The first pattern which is a descending triangle indicate a fall to $5.50.
The second pattern which is an ascending triangle indicate a short fall to the lower trendline before a rise to $8.10.
We need a confirmation with either a rejection or continuation on the lower trendline to be sure of kadena next direction.
What do you think?
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Price at the lower trendline as forecasted. we now need a rejection to make price rise to $8.10 or a short continuation to make price fall to $5.50
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