Look at the volume profile: we are at the highest volume node; the point of control has been retested so many times that it seems once we surpass it, the firework will start. Some hot news could easily drive it. CMF & RSI show strength on the daily Volume increase while trading in a tiny trading range, which testifies accumulation.
Should not close below lows. That would be bearish.
Upside potential is huge. Targets on the chart are conservative.
If you like the idea, please, do hit the Like button and subscribe to the profile in order not to miss our updates!
The information given is never financial advice. Always do your own research.