On the 1hr chart we've been in a wedge pattern just under the 200 EMA. We may see a slight pullback towards a resistance line & see a nice uptrend as we move through Friday afternoon.
Or we could break below this resistance followed by a retest then a large pullback. We may be in for a long Consolidation as we ride through the weekend.
Or we could break below this resistance followed by a retest then a large pullback. We may be in for a long Consolidation as we ride through the weekend.
