I love a good accumulation.
Note
As accumulation ends, price should jump to bottom white line (.0475) and consolidate around top faded blue line. If it holds, price would then jump somewhere near top white line (.05).Note
Few other ways to interpret this accumulation.Note
Not with .0475 and .05. I suspect from here that price begins to rise.Note
Not bad with*Note
Though, price could correct down to ~.0462Note
I’m holding out some to target .0615-.064.Note
Update based on probable Distribution. 
Note
Possible accumulation pattern completing. 45 min timeframe shows valid channel break (3 touches each side). However, based on the counterpart distribution idea, this pull back was expected as part of distribution. Therefore, COULD be one last push downward before next rally.Note
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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.