Long
The buildup before a positive breakout in price?
To me this action looks like the calm before the storm. A space without volatility where price is not going down lower to previous low levels. As price is coming from a previous downtrend into a level with lots of support, this gets me to believe that this breakout would be on the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.