Pressure seems to have built up in a range but is it ready to break ? Low volume
suggests not but price action looking to go up. If volume
starts to build up, we could see price go to test yesterday's high and then possibly try to break out of the triangle. With the 1 hr
and 4 hr
showing indicators turning bullish
and as long as price remains above today's low, we should see an explosive move up. Longs should place stops below today's low with open targets to maximize risk rewards.