provides an opportunity for local trade inside of the Channel. Price was supported by 50 MA + Lower Boundary of Ichi Cloud.
In case there is a confirmed breakout of Resistance Trendline then retracement to upward will continue and we can initiate a long position:chart_with_upwards_trend:.
Setup will be invalidated if we lose the 50 MA Dynamic Support. In this case we can retest the Lower Boundary of the Channel
In case there is a confirmed breakout of Resistance Trendline then retracement to upward will continue and we can initiate a long position:chart_with_upwards_trend:.
Setup will be invalidated if we lose the 50 MA Dynamic Support. In this case we can retest the Lower Boundary of the Channel