Looking at this chart you can tell that most of the trading activity is done at a much higher price which can act as a magnet attracting price to it.
Bullish divergences in volume and price
Momentum is still weak but has potential to take off. Be patient.
God bless you
Bullish divergences in volume and price
Momentum is still weak but has potential to take off. Be patient.
God bless you
Comment:
This is just a great example of news effects in the market. It could be nothing but a fake breakout.. Good time to get on board.
