We have a wedge forming with a possible break out upwards (in green). We also have a possible triple top forming (in white). I will be watching this closely to see if it will break up above $16,820 or bounce back below $15270.
Comment:
have been away from computer, but wanted to show how it played out. It followed white lines very nicely.
Trade active:
After this last event, a new channel has formed after the local bottom was found. Looks like there will be a slight movement within the new channel before a breakout.
Trade active:
broke out of channel