Hello, ladies and gentlemen.
I came from Ru TW. I don't know English very well, so I will try to display scripts with arrows. I hope that my ideas and thoughts will be useful.
On the chart, we see a compression. The idea is simple - it is most likely that they will break through to the top, but we mean that they can arrange the removal of longs. It would be strange to draw a squeeze and fall. But this option is also possible. I would go in at the $218 breakout.
KIss ^_^
P.s. - he author is an adequate adekvat, I forgot to shift the schedule a little. Move yourself a little bit to see my expectations.