4H chart outlook

Hi everyone

price at the moment is moving above Ichimoku cloud but in range.

our main descending channel has broken upward. those signs indicates

for more upward pressure.

so if the price close below local trend line and trigger drop point it may

decline into the channel hitting next support levels.

if not price can keep it's uptrend to hit next resistant level.



Enjoy the market

Trade active:

after triggering drop point hit the first support level.

Trade closed: target reached:

our second support level hit too.
is a double bottom forming possible?... lets see