Diamond formation stretched out to end of last week then broke upwards, closing above the weekly pivot and it will currently open above the monthly pivot. Weekly bullish reversal elected (just) on the close after 3 weeks of electing bearish reversals. Looking for confirmation of the bottoming pattern, which now looks like a rounded bottom or cup and handle if it gets another consolidation. Bullish price action after lots of crash calling last couple of weeks. BTFD.
