Still waiting for the daily close above the upper channel's descending trend line/flag.
We touched the trend line drawn from back in Jan 2021 and respected it beautifully with a wick back up. This level was also around the 0.618 fib.
Short term targets once broken for leveraged positions will be as indicated by the two wicks TP1 1.974 & TP2 2.22 as indicated by the horizontal rays.
Once we see this break, it's go time.
We touched the trend line drawn from back in Jan 2021 and respected it beautifully with a wick back up. This level was also around the 0.618 fib.
Short term targets once broken for leveraged positions will be as indicated by the two wicks TP1 1.974 & TP2 2.22 as indicated by the horizontal rays.
Once we see this break, it's go time.