5EA 0.305 one hour chart had an interesting week which might pay next week
Previous to this week in November there was a dump from the high of the month, then a pump back up to the high of the month followed by a small pullback and another pump higher to the bottom of the supply level on the preceding Friday which was a failed breakout attempt which reset the high as a lower high. Monday was an inside day between Friday,s high and low with a lower high Tuesday the market continued to break and expand lower Wednesday broke lower again and tested the demand level for support near the monthly lows and made a higher low when it reversed higher and spent the rest of the afternoon drifting sideways. Thursday was a nothing day inside Wednesday's trading range Friday was another inside day with price being compressed into a very narrow range So now there is a descending line from the highs and an ascending triangle from the lows which should send price higher next week If it becomes a parabolic trend trade there is a possibility of a 100% range expansion.
