Hey. Let’s start with the weekly.
Price not actually in a great position right now to determine future moves. Price has bounced off the weekly supply so if We look left we see a possible repeat pattern. Price might now break the trend line and fall hard. Checking the monthly kind of confirms this.
You see the large green candle followed by large red candle on the monthly chart bouncing off the supply Zone. That is a pin bar. Clear rejection indicating a move down.
If we want to buy off the trend line this would be the trade to take. However it is high risk. Best to wait on this one.