Greetings fellow traders,
The upcoming trajectory is set to follow the purple path based on the mid-term analysis.
For intraday considerations, two potential setups emerge:
A prospect at the bottom of the channel, though I advise caution. I am willing to take a quarter of the usual risk for this setup.
Alternatively, the purple zone nested within the yellow zone could present a favorable opportunity for long trades.
Best of luck in your trading endeavors!
Take a look to mid-term analysis!