H1 - After the first leg up, price is currently moving inside a bullish flag pattern.
If the price breaks and holds above the top of this pattern, we may then look for more evidences of bullish pressure and start looking for buys.
Invalidation: If the price breaks and holds below the bottom of this bullish flag pattern then this setup will be invalidated (false breaks can be neglected).
If the price breaks and holds above the top of this pattern, we may then look for more evidences of bullish pressure and start looking for buys.
Invalidation: If the price breaks and holds below the bottom of this bullish flag pattern then this setup will be invalidated (false breaks can be neglected).