A very interesting chart formation. Let me explain:
Try above 450 with a SL of 425.
- There is an outer rounding bottom at the outside (since Jan 2022), followed by rectangle a consolidation.
- Inside the outer rounding bottom there is another rounding bottom, followed by a rectangle consolidation.
- After the inner rounding bottom - just note the big green candle. Who knows the same will happen today or tomorrow also :)
- Concern: Low Volume
Try above 450 with a SL of 425.
Just keep an eye on.
Ready to breakout.