is currently in an ascending channel
nearing a double top
. Anticipating price to make a third touch past the double top
catching people on the wrong side of the market. Most Support & Resistance
traders will see price pass its double top
and will be ready to look for any Long positions off the retest. Waiting for price to slow down and consolidate near its third touch. Waiting for confirmation later this week with rejections and clean price action confirmations.