Top Trend line Tagged

Good Morning Dynamic Traders,

I hope you all had a great weekend and have been enjoying the snow.

You might remember from my last update that I spoke about price playing within 2 trend lines which have formed a channel. Price has continued to climb and it has now tagged the top trend line, which will be acting as resistance.

It will be interesting to see what price does next. Will price break through the trend line or will price fail and continue its down trend.

We should definitely have answer within the next couple of days.

So until then

Happy Trading

Richard Monnery