Noble Testing Triple Resistance

Blue 200SMA and lower green channel support rebound currently facing triple resistances

1. Upper red channel resistance

2. Upper green channel resistance

3. Lower boundary of Ichimoku Kumo

A successful breakout above these resistances will probably meet further resistances at the upper boundary of the Ichimoku Kumo followed by the 3.30 gap resistance.

Take note that failure to clear the current triple resistances may result in a pullback towards the 200SMA and the lower green channel support. If weakness persists then there is a high chance that price will trade within the downward red channel.