When we look at the chart we can see that the price is now at a zone that was previous resistance but was able to break above it with nice volumes.
What I now want to see and what I am now waiting for is to see what the price is going to do when we are testing that level again because this can become a support zone now.
If that is the fact than we could trade with that support zone.
What I now want to see and what I am now waiting for is to see what the price is going to do when we are testing that level again because this can become a support zone now.
If that is the fact than we could trade with that support zone.
Note
As we can see now this was just a fakeout.Note
We can see that there some sort of wedge maybe forming so if that is the case than we could go and trade this. 
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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.