When you are looking at charts, sometimes it is better to stand on the other side of the room.
PGA's Price (to me) looks like it it is trending into the triangle formed by the descending black resistance tine and the cyan ML on the IT fork.
The punters following each pattern will find things coming to a head in 2 or 3 sessions. It could break either way, but in general, it resembles a descending triangle, where the sellers are becoming more adventurous, but have been letting the price rise to meet the black line. Remember the big spike down, and the fact that the US market has that rising wedge formation.
Be patient, watch for the break, try to remain dispassionate, and go with the flow.
