I've been watching this one for a while and am highly interested based off the technicals.
We have been pretty stable in price action around the previous all time low, which also resulted in a large move to the upside.
To me this looks like an accumulation play on a double bottom major support.
I am accumulating for a very long term trade, with also buys eyed...
We look at Sharp in the 4H chart
We are at a crucial point here, as price will decide for a direction to keep. As trend follower I tend to say: " oh well... little correction here, perfect entry for me, keep going."
As a person who doesn't want to loose al its money I say: "lets wait for the confirmation, probably early next week we should now wether to long or...
