On the 4h timeframe, we printed a W pattern. I expect price to test the neckline of the W, followed by a breakout of the larger triangle which has been forming.
The neckline has a confluence of the BB basis.
Suggest going long at the W neckline ~42500 (aggressive) or on the triangle retest ~43700 (more conservative)
The neckline has a confluence of the BB basis.
Suggest going long at the W neckline ~42500 (aggressive) or on the triangle retest ~43700 (more conservative)