Retest of recent high is now likely, page-213

Early days but maybe the development of a bullish ascending triangle taking shape... if so would take several days to take shape fully. You would assume the top of triangle to be @ 4.3c but lets see what plays out

2 Days ago on the (12 may) many underestimated how shallow the retrace would be after the 1st spike to 4.3c the day before... was down in morning and rallied strongly in the afternoon (most thought it would be weak for a few days) So some traders were caught with pants around ankles in the spotlights. They will not make the same mistake again... it will be watched more closely this time around.

All is IMHO