Ascending wedge keeps forming perfectly. Volume by price also indicates reversal at 17k.
Ascending wedge is building up. Both 1hr and 2hr timeframes show higher high on the price and lower high on the squeeze indicator. Volume by price at about 15,900 shows a decrease in trading volume. Looks like a retracement is possible at this point. It's only my first week learning TA. Constructive critisim is much appreciated.
The black line indicates drop in volume, possibly a time to take profits at around 16,900 and wait for a dip to buy back in?
Higher low on the price, lower low on the indicator.