Oh, and I forgot to mention that the current sideways action has potentially built up enough 'cause' for a rise to ~28cps so far, and it continues to grow ......albeit slowly.
A cause is built (a measure of 'potential'), and when complete, the response is the effect...you know- 'Cause and Effect'......
For me the current level to watch is 15.5cps, and is where a breakout will come in the future.
cheers
Wyckoff trading method, page-1218
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