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Don't remind me again today

Is this the setup we've been waiting for or a clean fakeout?


​Look how $B2 ‌ just broke out of that tight consolidation range around $1.11 yesterday. That was a nice volume spike, too.
​But the pump up to $1.30 got smacked down instantly. That’s a huge area of supply.
​Now, we're building another base right on the key breakout level of $1.15. See those little green candles stacking up? That's accumulation.
​If this $1.15 holds as a new floor, we go back and challenge the $1.30 resistance again. That's the trade.
​If it drops back below the old range at $1.11, this was just a quick run to clear out shorts and we are back to square one. Patience pays here.

#B2 #CommercialTradeConsensusReached
B23.62%
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