Price is moving inside descending channel which indicates trend reversal patter. Possible one more down move before impulse to the up side.
Note
Here is lower time frame 15 minute chart and short opportunity when price breaks flag.Note
Possible triangle or zig-zag correction before another impulse.Note
Price still in corection. 1 hour chart.Note
Trend reversal patter. Goof buy opportunity if price breaks pattern to the up side.Note
Reversal started.Note
Trend continuation patter.Note
Note
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Disclaimer
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.