On the 12H, we see momentum is picking up based on and price action. We're seeing thicker candles in the direction, which is a good sign.
We recently double-tapped the bottom of the channel with strong on . Each time we've touched the bottom of the channel with this strength of , we've succeeded in smoothly reaching the top of the channel not too long after (~2 weeks). It's already been one week since touching the bottom of the channel, so I'm expecting some to pick up and drive us up to the top of the channel this time as well.
I will enter when the 12H closes above the 166-168 strong resistance range.
Hoping to add to the position after some correction and a bounce after a successful retest of 168 support.
Need to place stops with more space to give room for volatile trades to play out.