Accumulation above the line (H1, H4 tf)

After breaking out the H4 level and stopped just above the line. This level was tested several time in history and it is obvious that we can go higher until we pull out all bearish orders. The pice in above the level is a + for long positions, The local sales and putting the price under the line liquidated within next 1-2 hours - another _ for longs. (it seems that strong buyer is still holding the position). Estimated TP for long positions is better to put close to daily level around 0.3990. Level at 0.4000 is a strong resistance both technically and mentally (0.4000). Therefore we expect a high volatility there and looking for an local correction sales.