Currently in price discovery and the Volume on this is decent.
Nice full bodied candles on lower timeframes means is being actively traded.
I looking for a retest of the original breakout marked in blue range "LTRH and "LTRL" lower timeframe range high and lower time frame range low.
A break above the falling resistance line will be key trigger, i may bid the LTRL range low with tight stops if we get a flush down.
Another trigger will be a break of falling res line and reclaim of the upper range LTRH.
Let see what next weeks brings.
lithium stocks are rebounding which bodes well for the thesis.
Nice full bodied candles on lower timeframes means is being actively traded.
I looking for a retest of the original breakout marked in blue range "LTRH and "LTRL" lower timeframe range high and lower time frame range low.
A break above the falling resistance line will be key trigger, i may bid the LTRL range low with tight stops if we get a flush down.
Another trigger will be a break of falling res line and reclaim of the upper range LTRH.
Let see what next weeks brings.
lithium stocks are rebounding which bodes well for the thesis.
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no trigger for this setup
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