Just examined the weekly timeframe, wicks thrown to the upside at a significant zone/resistance, the daily makes the price action more clear as we can identify the sellers are present at the resistance(purple zone) identifying the lower timeframe price action, market came back to a huge liquidity spot, and now momentum has kicked in(as the 15M timeframe bullish...
Price from an initial uptrend exhausted into consolidation creating a rectangular channel, price broke our channel retested it twice and failed to break back inside, price is retesting it the third time. I'm therefore waiting for a candle close pattern to execute a short term trade on this.
