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
![https://hotcopper.com.au/data/attachments/5785/5785130-2e6c9a7f8c9927cc583d013dc69205d8.jpg](https://hotcopper.com.au/data/attachments/5785/5785130-2e6c9a7f8c9927cc583d013dc69205d8.jpg)
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.
![https://hotcopper.com.au/data/attachments/5785/5785207-86f6de4917f9317e49b38fc40b6ebc12.jpg](https://hotcopper.com.au/data/attachments/5785/5785207-86f6de4917f9317e49b38fc40b6ebc12.jpg)