So on weekly chart we can see that price is going up within an ascending channel. The downtrend movement on daily chart shows us a reversal H&S pattern is going to be formed which indicates that price is most likely keep moving up in weekly channel.
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.