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Price is in the supply zone of the weekly trendline.
Looking for a price to reject and move to the downside.
My initial thoughts are that this is a bearish pennant, looking for the long-term break to the downside.
However it is possible that there has already been a break to the topside (so maybe it's a descending triangle). The open of the Sydney session and price action through monday will aid to clarify whether it will be a long or short position.
LONG: With the ...
Potential mid-channel trade.
Price could continue to the top of the channel, but is currently within a supply zone, which could force price to the downside.