The price could just break the lower red line as a strong daily uptrend and after a nice pullback, the chart is bouncing on it.
on the other hand this red line is intersecting with our upper line of the channel (the downtrend white channel) which cause the circle zone be formed.
get the confirmation from 4H.
Goodluck...
on the other hand this red line is intersecting with our upper line of the channel (the downtrend white channel) which cause the circle zone be formed.
get the confirmation from 4H.
Goodluck...