Navigating the channel short term
Let's see what price does next after the current 4H candle closes as we see a TD Sequential 9, the uptrend might have exhausted.
Should price continue to go up it's likely to bump at previous resistance, with the possibility to form a cup and handle.
Should it go down it faces some support. I am looking for price to hit either side of the channel and reevaluate.
Should price continue to go up it's likely to bump at previous resistance, with the possibility to form a cup and handle.
Should it go down it faces some support. I am looking for price to hit either side of the channel and reevaluate.
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