OABI 1 hour
Looking for it to build support around this 3.55-3.60 area, seems like an accumulation. The Rectangle Box.
The Red Trend line down is my monitoring of it is bearish and not accumulation for a breakout of 4.00.
The yellow trend line is to see if it stays bullish and trends back up to 4.00.
If it follows the Yellow we can see another attempt to break the 4.00.
If it follows the Red Trend line we can see it back in the 3.15-3.20.
The Red Trend line down is my monitoring of it is bearish and not accumulation for a breakout of 4.00.
The yellow trend line is to see if it stays bullish and trends back up to 4.00.
If it follows the Yellow we can see another attempt to break the 4.00.
If it follows the Red Trend line we can see it back in the 3.15-3.20.
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