We had a good one two days ago, see below. This morning we’re on the breakout train. Note our Remek! Momentum signal on the daily, some four days ago. Also note:
“pullback channels” are not necessary parallels, they can look like triangles. Makes no difference, it’s just a consolidation area (in this case with volatility compression) in a trend, and the reflection of the cummulative actions (including the ‘rationales’ and the ‘emotions’ of the many participants.
on the weekly, the party may just be starting. Mindful trading!