Wait for Breakout of 2nd trendline.
Breakout sellers are trapped below. I am expecting price to move up and break the 2nd trendline which is the corrective structure. Afterwhich price will take off.
Resistance turn support for EJ. Multiple taps to validate support. Trendlines validation for buys as well.
So we look for sells. MM will want to shift downwards to hit buyers stops before making the real move up.
