Kind of like a range as Didgeridoo posted, but also looking like a channel, as it's slowly moving up...
Had a couple of these last week that put me to sleep, as they both lasted 20+ hours. They end up looking like consolidation on higher time frames.
Any touch downs on the lower trend line are good low risk buying opportunities, as long as the channel holds...
Edit: Uploaded a new chart, as I think it shows better the boundaries UJ is trying to establish in the channel...
Had a couple of these last week that put me to sleep, as they both lasted 20+ hours. They end up looking like consolidation on higher time frames.
Any touch downs on the lower trend line are good low risk buying opportunities, as long as the channel holds...
Edit: Uploaded a new chart, as I think it shows better the boundaries UJ is trying to establish in the channel...