$WDAY setting up for its next run higher

$WDAY is building a very constructive pattern possibly setting the stage for another run higher.
* Decreasing volume within the pattern structure
* 6 small candle stick bodies in the last 7 days indicates contraction in volatility (the calm before the next move)
* 3 higher lows (identified with green lines on the chart) indicates buyers stepping in and seeing value at higher prices
The red dotted line on the chart is the high back from July 2018. A daily close above that level will also break the down trending trend line and trigger a long trade entry.