Follow up to earlier post shorter timeframes. Recent break out from consolidation on daily, quick run and we may get pause in time for MA to catch up. Big volume
on the recent bearish pin bar
of most recent high, although we have bullish
a close above that days close we have not quite tested that high volume
high as of yet and may need to pause like the green box if first run up. As always things can change quickly and patterns negated or reversed. Stops are a must for any trader and one would define their own risk and stops placements. Mine are all base on support and pattern behavior.