has broken out of a consolidation zone (where it was consolidating for over a week), and now appears to be retesting the zone. Bulls can look to open a long position if and when price successfully rejects off of the zone and starts gaining bullish
momentum. A break back into the the consolidation zone could mean price will be heading down, if it can break the supportive trendline.
Be sure to follow me for more ideas and analyses. Leave a comment with your thoughts below, all input is appreciated.
Best of luck traders!