Alex as so often happens in technical analysis it's often very hard to guess the formation before it's complete..I suggested a Cup and handle was forming ..and I was wrong it looks now very much like a reverse head and shoulders pattern..now a head and shoulders is a highly negative pattern and a Reverse head and shoulders an extremely powerful positive pattern..Any turn up from here will be very strong ..and" a very rapid major price rise" could well be on the cards..indeed one much stronger and longer than a Cup and Handle...I suggest you ready yourself in preparation for this possibly very strong positive move ahead.
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