#58 - We are in

What is up everybody? So, what have you done during this week that future you can thank you for?

Just messing around, couldn't help it. In any case, yesterday's chart seems to be already playing out with a strong breakout in our HVF occurring just hours ago:

Note the sneaky red volume candle that you got over there. That ladies and gentlemen is what is called a breakout: volatility has been decreasing over some time and it return (eventually). You may not be convinced but we have made one of the interim targets. After making it, a return to the funnel region is completely natural before moving on in the initial direction.

In case you don't know what a HVF is, check out the post where I go over the basis of HVF Theory and what characteristics of price behavior I am looking for on a chart:

https://steemit.com/trading/@beindependentbb/19-what-is-the-hunt-volatility-funnel-hvf

Not much to add today. In case you want to take this trade take it inside the funnel region, place your stop and enjoy the ride. And as always, this is not financial advice :)

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