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Potential Bullish Triangle Formation

Since January, price has been caught in a range between 2.5383/1.21545, forming a triangle pattern. Also we can tell this by looking at the shorter term MA as its signally a flattening of direction. However the longer term MAs are still sloping upward which suggest the trend is still going up. From an Elliot Wave perspective, we could also be in a subwave 4 ...

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