Where does it go from here?

٢٢ يونيو ٢٠٢٠

Price sits at the top of a chanel. I was looking for a rebound or continuation on that TL. Obviously this level has importance and for now price doesn't seem to know where to go. IMO we are in some ranging action, or perhaps a little bias on the down side.

٢٢ يونيو ٢٠٢٠

ملاحظة

A little sign that price wants to go down. Not convincing enough for me though and also, at this time of day, volatillity is winding down so I will pass it.

٢٢ يونيو ٢٠٢٠

ملاحظة

My guess is that price will consolidate at this level for a while.

٢٢ يونيو ٢٠٢٠

ملاحظة

Nice, looking for a re-test of that line, maybe tomorrow morning would be a good time.