Not out of the woods yet. It is a good move but I am afraid volume is not accompanying the rise conveniently while the RSI is already in the overbought area.
I would expect a little rejection at 51300 USD level followed by some consolidation of the level, however, this ABC wedge patterns may evolve in a more complex corrective structure.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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