Highlighted main price channels. Price still bullish because we broke above crucial support and two out of three current channels favor the bulls.
(A) Price will hold and consolidate upward before breaking the corrective channels resistance.
(B) If price breaks through trending channel support, the supporting channel should provide enough support to reverse price to the upside
(A) Price will hold and consolidate upward before breaking the corrective channels resistance.
(B) If price breaks through trending channel support, the supporting channel should provide enough support to reverse price to the upside