We've had price trade in this channel for a while now, price is currently at a strong resistance area so we should be seeing a nice bearish reversal play out soon.
Price is trading in a short term corrective structure . We are likely to see a near term reversal to the downside, but for now the bulls are still in charge.
A beautiful price exhaustion manifested in this ascending channel signalling an impulsive push to the downside.
The pair has clearly been trading in an ascending channel, we are currently at a very critical point as price has retested a strong resistance area. Owing to this, a big push down is greatly anticipated.