Patterns withing patterns are some of the highest probability trades that we get.
We now have a clear mini ascending channel forming inside the larger ascending with potential for both the 3rd touch areas to line up.
Price could however form a continuation here and then drop so we will have to be patient and wait and see if price can correct up to the key areas or if it will start to move down now that we have broken the key support area on the left.
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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.