If Im going to look for a buy I will wait for price to breakthrough both the major resistance zone and the 4H uptrend channel than make a retest before taking a long trade, and if Im looking for a short trade price might respect both the channel and major resistance and head low.
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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.