Intraday setup on the 45m timeframe, a couple of factors are in play: 1) 50 & 200 EMA's crossed (indicating a buy) 2) Price broke above neckline & its staying above as of now 3) 200 EMA & neckline providing dynamic and trendline support respectively for now 4) Descending channel squeeze in the process now
Waiting for a breakout. Looking at a long breakout.