Continuation of a regressions channel with breakout upwards
Updated
Hello fellow traders,
this is my first idea including a continuation of a detected regression channel. In regard of this idea a repetive test of the lower standard deviation is expected just to get support at the level of 26.000 $ for the final trend reversal. I know i need to learn so much more and if i would have known earlier i would have payed more attention to math in class ;)
cheers and good trades
Lu
this is my first idea including a continuation of a detected regression channel. In regard of this idea a repetive test of the lower standard deviation is expected just to get support at the level of 26.000 $ for the final trend reversal. I know i need to learn so much more and if i would have known earlier i would have payed more attention to math in class ;)
cheers and good trades
Lu
Note
the dynamic trendline downwards seems to be the new resistance line
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