Expecting another VERTICAL breakout at edge of Gann fan

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The chart looks much better at 1min resolution, but I can't publish anything lower than 15. Rather than expecting a retrace, since this consolidation has formed a bowl shape, there is strong buyer support for a breakout when we reach resistance at the top of the fan very soon.

Expecting vertical action... learning from misreading.

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ملاحظة

8966 has a historical significance as support and resistance from 2017... We just tested it and broke through. Perhaps now we'll see vertical action? Or we'll build a base of support by bouncing around between that new top and the Gann fan from previous high...

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ملاحظة

Buyers didn't take control, so we fell back in to the top Gann fan channel, tested support at 3/1 line and bounced back out. A new fan was drawn from the new high point.