AKA "triangle" on the daily chart...it's pretty visible on looking at it. The rallies up formed the rising lows and the spike high formed the downline, i.e. lower highs.
We are at an interesting point and are moving to the apex.
The next trading sessions will probably break out one way or the other (watch for fake moves)....volume should come in and "odds" point to a continuation of the existing trend which is up.
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