see chart for details - in a nut shell: - ranging in a rising wedge, that is - about to hit previous support, now resistance, that - confluences with 0.5 retracement level of previous swing low, all while - RSI and STOCHS are (close to) being oversold and topping out...
stops above previous 2nd resistance level targets indicated - T1: clone of the wedge base depth T2: previous support
this cypher on the 2hr timeframe maybe a nice entry.