Lots of professional activity today. (Cyan volume bars). Highly doubt that this was an accumulation.

Today they bought the S1 for a new high. I got out after the gap-fill reaction, leaving 3K on the table.

The move up was a thrust, albeit a slow one, 6 hours vs the typical 2.5-3 hours.

By understanding the concept of consolidation and measuring fluctuation maximum distance, you can see how far the market can fluctuate. Within this range, no breakout occurs; hence, I sometimes call this move a No-Break Extension (NBR).

The price is reacting to the 14-week SMA. The weekly S1 is at 1.0283.

The Weekly Pivot is at 1.0393