Forming a wedge on the 4H. I see one of three ways this plays out.
Either we breakdown to low side and sweep the massive single April 18 candle or we continue the bull market cycle and break to upside. Lastly, it could pull a Judas Swing here (in either direction).
I am bullish still so I think bulls know to not let other bulls scoop up the discount if it drops too much lower since we have been ranging here for a couple days now.
Either we breakdown to low side and sweep the massive single April 18 candle or we continue the bull market cycle and break to upside. Lastly, it could pull a Judas Swing here (in either direction).
I am bullish still so I think bulls know to not let other bulls scoop up the discount if it drops too much lower since we have been ranging here for a couple days now.