Looks like a potential drop to 150/140
Pressure seems to have built up in a range but is it ready to break ? Low volume suggests not but price action looking to go up. If volume starts to build up, we could see price go to test yesterday's high and then possibly try to break out of the triangle. With the 1 hr and 4 hr showing indicators turning bullish and as long as price remains above today's low, we...
The risk reward favours longs Enter long with the intention of adding to the position once price breaks out of the triangle and bringing stop to breakeven on initial entry.