Price has return back to the channel, and now sitting between two local key levels. There be an accumulation for a while, and after the break of one of the levels, it will be more easier to understand the direction. Green scenario in this case is a priority, as on higher timeframe there is still an uptrend. Orange scenario will be in play, if the price failed to hold 3100.
DYOR
DYOR
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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.