Short
Price Trapped Between 800 Psychological Level and Top of Channel
I believe the longer term channel will act as heavy resistance and pull price down to closest major price reversal level, 780. Not placing any trades until a clear breakout on either side occurs.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.