Price might test the bottom trendline and bounce back up to the upper trendline to make a new higher-high. Both of the trendline above are used to form a channel or a range where price will tend to flow.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
