Expecting a Fake Out
I expect price to make a fake out, out of the consolidation. I anticipate price to come down and retest the channel it made while in the consolidation. After the retest I would like to see price push up to the historic resistance marked in green horizontal line.
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.