Using more indicators We can see similar MACD formations between these two price points (purple ovals) Also similar price formations, with a common bounce of a MA line between the two Evidence suggests that this wedge that has formed bullishly will break down, bearishly A head and shoulders can also be identified on the RSI weekly chart
^ above idea suggests continuation, scrap that, bearish action is favored
This is the wedge above that price is currently within
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