Price is respecting the supply level and market has retested this zone. Now after the proper breakout of the trendline and breakout of the recent low will look for a short position.
Price is respecting the bullish trendline. And the market is Looking bullish. So with a small SL a long postition would be a good trade. SL is below the trendline and at the previous recent resistence( when a reaistence is broken it works as a support).
Price is taking support from a strong supply level (support zone) also the price retested this zone. Now waiting for the breakout of bearish treadline. A triangle chart pattern can also be seen here.
Chanel ( Rising wedge pattetn)is going to break soon. And also there is a supply zone (resistance key level) and price has already retested this zone. SL will be above the key level.