Hi everyone
price is now moving into an ascending channel. most of the time
it signs for more bear side. it is also below the MA200 that bearish too.
so at this time best strategy for short and long is our channel but if the
price broke the channel downward it can drop to our next support levels.
so we may see more downward pressure in days coming.
support and resistant levels are on the chart.
Enjoy the market
price is now moving into an ascending channel. most of the time
it signs for more bear side. it is also below the MA200 that bearish too.
so at this time best strategy for short and long is our channel but if the
price broke the channel downward it can drop to our next support levels.
so we may see more downward pressure in days coming.
support and resistant levels are on the chart.
Enjoy the market
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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.
Related publications
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.