Price has been in a consolidation box in the past 4 weeks. A break above the zone(box) with a close above the zone will expose us to a buy(bullish momentum) and take profit at the resistance trend line. A break below the zone with a close below the zone will expose us to a sell.
Price may rally higher and find strong resistance on the trend line leading to a massive drop.
Price may rally higher and find strong resistance on the trend line leading to a massive drop.