Major decision area for eu, if we break and retest the channel we might witness an uptrend, if we break the lower timeframe channel we might be seeing a downtrend.
I am bullish but the sharp up movement should not continue without a pullback, so if it breaks a channel it might come back up so therefore relying solely on the channels is highly risky currently.
I am bullish but the sharp up movement should not continue without a pullback, so if it breaks a channel it might come back up so therefore relying solely on the channels is highly risky currently.