Price in in an ascending channel making higher highs and higher lows. With the channel, we are forming a middle section which is a smaller descending channel. Price is getting closer to the bigger channel bottom and from their I will be looking for a rejection to take this to the upside.
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.