Main items we can see on the chart:
a) The major structure we can see is a Daily Ascending channel
b) Currently, the price is on the lower trendline of the channel + major support resistance zone / That provides us with a strong level
c) Now we have to pay attention either for a reversal movement or a continuation one
d) We have established those 2 zones one for the bullish and one for the bearish direction. The idea is not to trade directly but to wait for the adequate corrective structures
a) The major structure we can see is a Daily Ascending channel
b) Currently, the price is on the lower trendline of the channel + major support resistance zone / That provides us with a strong level
c) Now we have to pay attention either for a reversal movement or a continuation one
d) We have established those 2 zones one for the bullish and one for the bearish direction. The idea is not to trade directly but to wait for the adequate corrective structures