Hello traderđź‘‹ Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful informationâś… There is an ascending channel pattern on the chart, everything is as always according to the classics :)
The price tested the channel borders with a shadow up and bounced down!
What do I expect next, while the asset is steadily gaining momentum in the short and will continue to fall to about the 0.2 Fibonacci zone. The market is overheated and needs to cool down!
This is not financial advice, I'm just sharing my thoughts‼️
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.