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Updated
Scenario: the very long downtrend/descending wedge finally broke upward with a spike in volume creating a Bullish pennant. Is this breaking the downtrend? Another smaller descending wedge (with breakout) now appears to be creating an inverse head and shoulders, which also indicates reversal.
Note
Invalidated almost exactly at the end of the right shoulder. Looks like still in accumulation atm.
Trade closed: stop reached
Trend Analysis

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