Price has respected this ascending channel beautifully with multiple touches on both trendlines, confirming the structure. We recently saw a break of structure (BOS) followed by a strong bullish push.
Currently watching for a short-term pullback into the 4H support + FVG (Fair Value Gap) zone, aligning with the midline of the channel. If price reacts bullish here, I'll be looking for a continuation toward the upper trendline and potential new highs.
Trade Setup:
Entry: At support/FVG confluence
SL: Below the FVG zone
TP: At the upper channel resistance
Currently watching for a short-term pullback into the 4H support + FVG (Fair Value Gap) zone, aligning with the midline of the channel. If price reacts bullish here, I'll be looking for a continuation toward the upper trendline and potential new highs.
Trade Setup:
Entry: At support/FVG confluence
SL: Below the FVG zone
TP: At the upper channel resistance
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