Simply Bullish

Whenever we get caught up with technical analysis there is a tendency to put too fine a point on predictions and indicators. The goal of any technical analysis comes back to finding the trend/consolidation. Within a trend the goals is finding higher/lower highs and lows. Here on a 55min chart you can see the immediate bull trend with higher highs and higher lows. The current consolidation likely flat, pullback possibly nearing completion near 21 MA. Watch for bullish continuation towards 60-65K.