Scenario: the very long downtrend/descending wedge finally broke upward with a spike in volume creating a Bullish pennant. Is this breaking the downtrend? Another smaller descending wedge (with breakout) now appears to be creating an inverse head and shoulders, which also indicates reversal.
Comment:
Invalidated almost exactly at the end of the right shoulder. Looks like still in accumulation atm.
Trade closed: stop reached