SQ is showing accumulation within this broadening structure.
We're looking for a higher low to change this bearish trend on the smaller timeframe and then can set up with a stop loss below the support.
The current low here could become a partial rise which would give this structure a 70% chance of breaking to the upside as per Bulkowski.
We await the higher low and monitor closely.
Note
Great price action, looks amazing. The opportunity is fading
Note
Train is leaving the station
Trade active
FIRST TP Hit today, absolutely massive gains collected and the price action does not look like it'll stop here. This pa confirms a partial rise increasing the chance of a breakout to 70%. 100$ will be the next level if we break above the resistance.
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