Pre-market Chart

Good morning traders!

During the night prices were pushing higher today. You can see the two legs pushing higher. But it seems that prices found some resistance. The channel broke and prices retested the last highs and from there it is going sideways. We could see forming a bigger uptrend but for that we need more price action.

My bias is still up for the day until I see that prices stay below the EMA and form downtrends under it.

Good trades to you!