we just experienced a sizeable 4hr candle to start the new daily candle but so far not much volume to go with it yet on the daily... this could be a major bull trap we have technically broken above the neckline of the inverted head and shoulder pattern on the 4hour chart but the right shoulder is very disproportional and may actually just be part of the head still...small right shoulder have been known to trigger breakouts though but currently it may also just as easily be a fakeout...there is also a golden cross on the 4 hour chart that seems just a candle to away from occurring so altogether it is a recipe for either a massive move upward or a massive fakeout but either way a huge move is coming very soon...smart to wait for confirmation before going either way.
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