ETC Trading Opportunity

New price channel was formed between 14.80 and 14.00 levels. If price continues movement in this channel, we should buy from the bottom border and sell at the top border. All price reversals must be confirmed buy RSI. If we have a breakout from this channel, it will be a trading signal too. Be ready to such price movement. If the market breaks the resistance level, we'll buy with stop orders below the local swing low. Profit target for long trades should be at 15.60 resistance level. If the market breaks the support level, we'll see downward movement to a new reversal zone near 13.20 level and new trading opportunity.