After retracing upto 0.5 fibo level now its trying to cross the resistance zone.
But as per volume it looks weak to break the upper resistance level. So, Keep eye on volume activity during breakout.
If it break & sustain above the supply level then good to go long or it will get back to its channel again if it fails.
But as per volume it looks weak to break the upper resistance level. So, Keep eye on volume activity during breakout.
If it break & sustain above the supply level then good to go long or it will get back to its channel again if it fails.
