It is below the 4h channel bottom line and trying to break out(A) the current trend. There are four different scenarios before it fully conforms the bull pattern(HH/HL).
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So far B4 is the choice of the market. Here is the next 3 scenarios.
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C2 was the choice of the market. Now it is ready to break out the flag. In the flag, hope the market gets enough nutrition to go for a long run.