Strong Bullish Signal: The price showed a confident and sharp growth supported by the increased volume. Moreover, the large positive delta implies that buyers are prevailig the market at the moment. Volume Zones: We need to allocated the level of resistance 18.40, which contains the large volume. Consider Long Positions: Given all these factors, we may regard a scenario of the breakout of the resistance, which will be a great bullish signal. The growth must be sharp and supported by the large volume, which will be a more reliable signal for entering the market. A stop loss may be placed below the breakout volume bar. Profit Potential: More than 50 pips.
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