Seems like a possible reversal on the daily, in smaller timeframe the channel formed, if price breaks above the horizontal resistance it will likely continue upwards.
Note
Forgot to mention, there does seem to be a head and shoulder pattern in the daily chart, but with the way price is reacting in the lower timeframes this uptrend seem likely to continune for the shorter term, I would not be suprised if price were to retest the lower support of the pattern in the mid to longer term.
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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.