As you can see the price have formed an existing inverted head and shoulders in the 2 hour time frame for a better look in the chart.There will be more continuation of the pattern and the uptrend if the 20 EMA broke above the 100 SMA in the 2 hour time frame, the movements are confirmed too with the volume on each correction phase of the pattern and strong moves with strong movements
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.