Price action moving within an ascending channel which indicates a reversal is forming. Price could make one more leg up before a making its way to the lower boundary of the channel.

Thanks
Trade Safe

**If you felt this idea was helpful in anyway hit the LIKE button and FOLLOW me for more educational ideas and analysis **
Ascending ChannelBeyond Technical AnalysisbeyondtechnicalanalysisMultiple Time Frame AnalysismultitimeframeanalysisParallel ChannelriskmangementTechnical Analysis

Related publications

Disclaimer