Hi all.
Thought it might be time to start a charting only thread for those chartists out there.
Too me it looks to be forming a pennant or flag. Of course it is rare for it to go up in a straight line.
According to Thomas Bulkowski, one of the most profitable technical patterns is the high and tight flag, breaking higher. According to Bulkowski, when properly recognised, it can reach a target up to 90% of the time.
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