OP - Bullish Follow-Through

So far, price action as followed very predictable levels.

As expected, we had a bullish movement that broke 2.40 resistance, now support. This level, together the bottom of the rising channel, should keep price away from new lows.

Note that the middle of the channel is acting as resistance, but its more likely that it will eventually be broken and the top of the channel will be tested.

Invalidation with a daily close below 2.176.