But the last year has been a poor one for the trend trader. On the weekly chart this is shown by the rounded bottom and on the by a period of consolidation.
The breakout from this zone was messy. Finally on 29th and 30th October we had a couple of bars but the was on the low side so this was not a convincing long position. But yesterday's bar (4th November) broke out (from a one bar pullback) on higher . Might be a good buy opportunity again.