Green Arrow is what will happen if we break through the resistance at 1180 and stay in the light blue channel. Red is what will happen if we break out of the light blue channel. If red we may bounce off the larger dark blue channel. Black lines are key short term resistance areas at 1180, and 1240.
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.