Various volume spikes. Does not appear as if alot of profit taking is taking place yet, so it is plausible that the sellers are starting to dry up and a pathway will be cleared for some mark-up into the next supply wall...
Defer to daily to confirm overall trend.. which is still positive/bullish....
Wait for volume response at the 50 on the daily.
and the free linear regression tool on here is worth its weight in gold if you understand volume analysis/trendlines/supply-demand principles etc
the daily def seems to be the main trend determinate.. 3-4 hour may work depending on how in tune your pattern recognition is...
Good luck !!!
Defer to daily to confirm overall trend.. which is still positive/bullish....
Wait for volume response at the 50 on the daily.
and the free linear regression tool on here is worth its weight in gold if you understand volume analysis/trendlines/supply-demand principles etc
the daily def seems to be the main trend determinate.. 3-4 hour may work depending on how in tune your pattern recognition is...
Good luck !!!