Sellers may be viewing the current price location as a break and re-test sell without taking note of the completed compression to the left.
For this reason, I believe price loading up longs.
It is crucial that we wait for a break above this level to initiate longs (As Illustrated)
NO BREAKOUT - NO TRADE
For this reason, I believe price loading up longs.
It is crucial that we wait for a break above this level to initiate longs (As Illustrated)
NO BREAKOUT - NO TRADE