Price reversed from channel support and broke out of ascending trendline and resistance level.
Price has made a pullback and retests the broken levels that lined up with moving averages.
Considering that price has broken out of the counter trendline, the price has the potential to move higher towards the resistance zone from near the current level.
Thanks for reading!
Price has made a pullback and retests the broken levels that lined up with moving averages.
Considering that price has broken out of the counter trendline, the price has the potential to move higher towards the resistance zone from near the current level.
Thanks for reading!
