Price formed inverse head & shoulders pattern and has since broke above into a short phase forming a consolidation / flag type pattern. Waiting for break and hold out of this zone before price makes its way up to its next resistance of the 2 day zone. - entry chart: 4 or 8 hour - stop loss: slightly below highest volitilty in consolidation range (use VPVR for this) - take profit: 2 day support and resistance zone