Hey traders!

Today we see a spike and channel working higher. The uptrend broke or even potentially overshot and prices are trending lower now. We are approaching the opening price (yellow dotted line). Till 10am it looked like a bullish day but this bias turned into bearish. The downtrend is intact and the EMA is providing resistance whenever prices are getting close.

There were some trading opportunities during the day.

Hope you had a good trading day.