Bounce of median of channel means weakness in this case.
Note
Investors decided too push price a bit higher. This might take form of H&S somewhere around the mean of the bigger channel and the very long term support (red line)
Note
Once again price is in lower half of channel and RSI show divergence.
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.