Price is currently in a parallel channel looking at creating liquidity ($$$) which it might use to fuel its upward momentum by mopping it up my entry point.
Alternatively, it could break out from the channel to clear the already formed liquidity ($$$) below before a move up.
fingers crossed...
Alternatively, it could break out from the channel to clear the already formed liquidity ($$$) below before a move up.
fingers crossed...
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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.