The price has been consolidating in the lower part of the channel for few month now. The current price action is similar to what had place last year(explained on chart) If the price bounces off 200EMA again, creating a potential double bottom visible on lower timeframes, it could be treated as a confirmation for that the accumulation has ended, and that the price...
Incredibly nice retest after a really strong pullback. I think this one will see some further uspide. Pontential zone near this zone before making an even stronger move up.
