I am now watching this market closely for a potential breakout higher.
Price has been testing the major daily chart resistance repeatedly in recent times.
With the last test we have not seen a large rejection and push back lower.
Momentum could now be building for a break higher and if price can break the recent swing high, it could activate potential long trades.
Price has been testing the major daily chart resistance repeatedly in recent times.
With the last test we have not seen a large rejection and push back lower.
Momentum could now be building for a break higher and if price can break the recent swing high, it could activate potential long trades.