Diamond formation stretched out to end of last week then broke upwards, closing above the weekly pivot
and it will currently open above the monthly pivot
. Weekly bullish
reversal elected (just) on the close after 3 weeks of electing bearish
reversals. Looking for confirmation of the bottoming pattern, which now looks like a rounded bottom or cup and handle
if it gets another consolidation. Bullish
price action after lots of crash calling last couple of weeks. BTFD.