Price been seen ranging/consolidating downwards within a descending triangle price action pattern hitting and bouncing off the support couple of times.
A tremendous market retest at the support level couldn't give the bears enough power to attempt breaking downwards but rather bulls came in an shifted/reversed the mrkt upwards leading to a continuous breakout...
Price seen to be testing a very strong support level that tends to be an exhaustion level implying that bears have run out of steam to bring the market lower
we would see bulls setting up power to reverse the market provided with a strong bullish signal of a pin bar
