I dont believe it breaks out from here.I think it will drift to channel line retesting the 210 before breaking out or down.
Target 3. 05 area.
Great risk/reward trade.
Either way , trade would still be active , stops have not been hit. Price is meandering sideways for lack of volume follow through overnight but it may enter today.
Prices are being held below or inside resistance of prior congestion zone and need volume to step in to push through, It may still want to retest breakout of 171-173 area and may drift there. but shows fair volume support in 209-212 range. Traders would keep tight stop here and if break down occurs. could reenter upon confirmed back test of double bottom break out.