In the daily timeframe we can see that price is not doing much but go up and down in a range which makes the market sideways for the most part. But in recent price action we can see that the price broke out of descending trendline and last high which acted as a resistance with more than two contact points.

Currently the price is coming down, If the price is to keep going up it need to retest the broken structure and fill out the balance which i believe is soon to happen.If a successful retest happens we can see some more upside movement or the price may comeback inside the broken trendline which will provide little more downside movement.

This is for educational purposes only.

Thanks for checking out my post.