Be careful on how you trade this position. I have a bias to a small upside to retest the upper strong resistance zone before a major correction . However, I will watch keenly to see if price will break above trend line with some correction to confirm a possible upside breakout. Otherwise, should price not break out ( my biased trade) I will wait create a pending sell position to ride me down to the lower support region.
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Disclaimer
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.