This is worth a close look for the next couple of weeks
What has me a bit confused is how this is being played out as it seems like it can be viewed as a descending triangle ,typically a bearish pattern, while viewing the area below the support as a bear trap . On the other hand, it can be viewed as a falling wedge, but instead of bouncing on the bottom area one more time to the upside it hovers in the middle perhaps , because it's just a very strong support or a big indication of really weak bearish pressure. I am still learning bulish, but I will wait and see tomorrow morning before I make my decision. Once it starts looking bullish on the 5min - 1 hour chart and or bounce off the support again I will enter my position. I like this play because, we have another area support directly below while the potential for it to reach 46ish is high. Just from eyeballing it it looks like a 3:1 risk to reward play with a decent probability to break to the upside.