xlm forming inverted head and shoulders on weekly
look for the breakout this week. daily is also about to break out of an ascending triangle to start the breakout.
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well this clearly didnt go as planned so we will see how far she drops. the stochs on weekly are headed down which could bring further downward movement.
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if the sideways channel doesnt hold look for this ascending triangle to hold on the weekly, with a possible breakout upwards of the ascending triangle. if it breaks downward out of this triangle on the weekly things may get bearish fast