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we completed one target on previous downward wave after price reached out sell zone. now price is declining in descending channel. if we have a confirmed rejection of the resistance trendline of the descending channel we can take a short position. if price loses strong support we can continue to short it
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Do not trade this idea before you make your own analysis!
we completed one target on previous downward wave after price reached out sell zone. now price is declining in descending channel. if we have a confirmed rejection of the resistance trendline of the descending channel we can take a short position. if price loses strong support we can continue to short it
Please follow the Trading View profile to support my work
Do not trade this idea before you make your own analysis!
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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.