On the monthly timeframe we are in an uptrend and potentially forming a HL at the moment. On the weekly timeframe we just broke resistance and are aiming to form a new higher high. On the daily timeframe we are in an uptrend and just formed a HL. On the H1 timeframe we are making higher highs and higher lows. Because we are below this monthly key level idealy we break above this level before taking longs. On the flip side if we break below the h1 support we can look for short opportunities at the first LH.