Bounced off a double bottom, now looking to break out of falling wedge. POC resistance at 134.4.
Follows donchian channel really well. Currently at a very narrow range so good chance for a 20 day high/low, followed by a reversal.
1) followed cup and handle and went up 2) followed falling wedge and went up 3) got the expected pullback and now shows oversold signal on 15m 4) get long if it holds support
Closed off 1/2 position for 70% profit and other half for 115% profit. Continuing the rally, look to get long above 165.3
Refer to text Short position active