The numbers signal the pattern
Note
Slow break out on low volume - if this doesnt get confirmed with more volume consider it small players getting exited about an upward break of a trendline, but no real break outNote
The test downward was supported by the 0.618 fib but for now we're not seeing any big volume yetWaiting for volume to confirm the direction of the price
Note
If we dont break up we're in a rising wedge Note
We are at the bottom of the channel Note
Volume is coming to an end on the uptrend - end of the day is also nearingNote
Note
Last chart is an idea as always, I don't have a large position open at this point I dont trust the price action this far down the pattern
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.