Buy on retracement.
Exit near the upper range of channel.
Easy 1/10 Risk to Reward.
90% the price will show support at this level as the price has tested the level multiple times. If it does go long if the marked level is broken.
A cup and handle pattern formed. Good shorting opportunity.
The price is showing responsive buying at the lower value area. There is selling at the control price. Not a good thing for up trend. But there can be big moves due to fundamental news. Keep an eye on it.