Multiple rejections at the upper parallel gives a valid slope median line set and with price now been rejected at the median line we should keep a closer eye for a buy setup to complete in the lower timeframes. Looking left we may see that from current level price went up with a huge wide range candle.
Comment:
Buy setup is about to complete. Buy the breakout of the correction.
Comment:
Price broke above the corrective structure, has pulled back to test the upper trendline and it's seems that is leaving the level for north. The buy setup has completed