1. Price has been ranging for some time now at this 4hour/Daily level with multiple breaks to the upside
each time price has broken to the upside we have put a higher high in
2. On 4hour chart price has engulfed 12 hours of price action (bullish engulfing)
3. Price has also bounced of strong trendline support with the bullish engulfing to add to the upside strength
each time price has broken to the upside we have put a higher high in
2. On 4hour chart price has engulfed 12 hours of price action (bullish engulfing)
3. Price has also bounced of strong trendline support with the bullish engulfing to add to the upside strength