The price is may wants to break a daily flag pattern. Probably now the price is retesting the upper trendline of the flag pattern, after the retesting, the price is may gain momentum to go upwards.
The price is currently moving in positive territory on daily chart, and on lower time frames the price is could move in a consolidation pattern, like a flag or wedge.
Presumably the price is following this structure and may reach the upper trendline.
- dont follow me, think first -
