As of today, ltrym has been trading sideways since July 27th. During this time, clear boundaries and control points of support were formed. Further price movement - when the sideways range is broken, I expect a descent to the pivot point and back into the range - a false exit. We are also now at the lower boundary of the local ascending channel. If we break it, then we go down to the border of the range and push off from it. The second idea has more chances of implementation, since the sideline is quite old, which means its boundaries are quite strong.
Have a nice trade!
Have a nice trade!