A large Up channel
Price right now is looking to push to the limit and hit the top of the up channel
Once this is hit price may be rejected and pushed back down to the bottom or out of the up channel
This will also be observed as a double bottom pattern , comparable to one seen earlier in prices evolution
Short term bullish
Price right now is looking to push to the limit and hit the top of the up channel
Once this is hit price may be rejected and pushed back down to the bottom or out of the up channel
This will also be observed as a double bottom pattern , comparable to one seen earlier in prices evolution
Short term bullish