It made a very nice buy setup and been pushing up. It broke the high, breaking pitchfork making what looks to be a small ending pattern on 1hr. I would expect some retracement, but it does have the possibility of breaking the low pattern wise. It could produce a flag and push up even higher possibly but I would still think it should come down. Don't necessarily have "confirmation" yet, but I would be looking for sell opportunities.
Kommentera:
It's the combination of that beautiful buy setup down there in combination with the price action as it made it to the pitchfork that particularly sparked my interest.