Good R/R, classic bullish continuation pattern. Low volatility at the moment, and big move expected in the next 8H.
If breakout doesn't happen, a quick and massive wick down is likely, so also a good setup for a hedge short + important to keep a tight SL.
In that case, we'd prob be looking for another long setup from a lower entry.
If breakout doesn't happen, a quick and massive wick down is likely, so also a good setup for a hedge short + important to keep a tight SL.
In that case, we'd prob be looking for another long setup from a lower entry.