I agree with all that but sometimes over analysis (not saying you are doing so just to be clear, nothing wrong with being thorough) can complicate things.
If that stoch proceeds up and out through the box price is sure to follow. Many methods of peeling an egg, end product remains an egg..
Lot of potential breaks around the place, should be an interesting rest of yr one way or another.
Another sign of strength there is the gap up bar 21/9/2010 low was 0.047. When it came down and tested the lowest it could get was on 27/6/2012 was 0.048...
Support there, buy higher lows, sell lower highs, (exceptions aside).
So long period of consolidation, higher low, held break away gap, moved up and closed twice on weekly basis outside a bullish falling wedge?
Bullish indicators, as mentioned multiple ways to reach a destination, it might fluff around for a while before take off but an entry, (perhaps an initial part position) could be taken anytime as the risk is clear.
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