Hey traders!

Prices have been trending up today. First, we saw the green uptrend working higher but prices broke the channel and retested the highs. Then after a decent pullback, I found the bigger uptrend and what is interesting we had a very strong break of that channel but no retest of the extremes yet. Prices are recovering from that sharp drop and are forming a spike and channel structure. While prices progress higher I am waiting for trades right off the KEP/EMA but today we are sitting on our hands and waiting for good setups.

Hope you had a good trading day!