on the weekly chart price seem to respect the channel. On the daily price has been on an uptrend . Price is at the bottom of the trendline.
A long trade is possible due to the break and retest of the support/resistance zone.
A short trade is also possible as price might break the trendline .
Patience required before taking any position.
A long trade is possible due to the break and retest of the support/resistance zone.
A short trade is also possible as price might break the trendline .
Patience required before taking any position.
Trade active:
followed direction as anticipated