Tf daily clearly shows that the price has broken out of the channel where signs of trend change will begin to occur. Observation of tf h4 clearly shows the price in an uptrend where the expectation will test the price of 15955.47 which is the highest price for the year 2023.
If the price succeeds in breaking the price, then re-entering the channel will indicate that the market is back in an uptrend. A short position is only a retracement.
For this week, the idea will be to find a long position in the lower tf where the expected tp is at the highest price for the year 2023. As long as the price is still in the channel, the long position is the main choice. Remember "trend is your friend"
If the price succeeds in breaking the price, then re-entering the channel will indicate that the market is back in an uptrend. A short position is only a retracement.
For this week, the idea will be to find a long position in the lower tf where the expected tp is at the highest price for the year 2023. As long as the price is still in the channel, the long position is the main choice. Remember "trend is your friend"