#TrendTradingStrategy We’ve broken through the channel upper boundary at $2,686, which was a key level. This is the first signal of trend change. Of course, nothing moves in a straight line forever, so a clean retest of that zone would be a healthy and expected move. If we hold it, that’s our signal that the move and strategy are legit.
The next weak resistance is at $2,848. And no, I don’t expect it to hold us for too long, volume’s picking up, and once that kicks in fully, it’s just a matter of days.