Weekly: On weekly timeframe, yesterday we saw a bounce from 18EMA Daily: Price formed a hammer candlestick and bounce from the parallel channel. There are 2 scenarios here:
If price breaks below the parallel channel and close below the 50MA on the daily timeframe. I then will expect 147.500 to be met
If price bounces from the parallel channel again with MA crossover on the 2H timeframe. That's will be my favorite trade and 155.00 could be met again