The large green volume bars show accumulation within this range.
Wait for a retest and resumption following one of the arrows. At least a 4 Hr retest and resumption, but preferably 8 Hr.
As you can see, previous breakouts failed 3 times when there was no retest and resumption.
Although it is getting closer to the bottom of this descending upper trendline, so it should break out this time, especially given the buying volume.
Wait for a retest and resumption following one of the arrows. At least a 4 Hr retest and resumption, but preferably 8 Hr.
As you can see, previous breakouts failed 3 times when there was no retest and resumption.
Although it is getting closer to the bottom of this descending upper trendline, so it should break out this time, especially given the buying volume.
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