We coming close to the top of the channel. We made a double bottom on the monthly. We could break that channel and start a bullish trend or we could reject top of the channel and head down. We got the 100 EMA waiting right there on the top of the channel so it will be critical to focus on what will happen once it touches there.
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.