TF: 12 Hr
Bullish and bearish scenario. For bullish cases look for a break above the trend line and a retest and closure above showing support. Bearish would be price sells off given that it was rejected initially at the trend line. If price sells it may want to visit the bottom of the channel.
Bullish and bearish scenario. For bullish cases look for a break above the trend line and a retest and closure above showing support. Bearish would be price sells off given that it was rejected initially at the trend line. If price sells it may want to visit the bottom of the channel.
Note
Looks like price broke higher, looking for a retest...
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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.