The key indicators for me on this chart are the Nielsen Demand (pink line) and Smart Money (blue line) just below the volume bars.
The Demand indicator is simply the ratio of the buy/sell volumes in the depth field, which has been rising above the horizontal yellow line for some time.
More importantly the Smart Money indicator indicates the size of the buy parcels compared to the size of the sell parcels. A rising line which is above the yellow line indicates that the buy parcels are LARGER than the sell parcels, which is typically smart money entering.
This has all the hallmarks of a classic Nielsen pre breakout pattern.
The key indicators for me on this chart are the Nielsen Demand...
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