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Overall we have a price in Ascending Channel. For now price got rejected by the mid line and we can expect the lower boundary to be tested. We can go short here with stop-loss above the mid line
If we have a confirmed retracement of the lower boundary of an ascending channel, also the horizontal support zone. It can be an opportunity to catch the retracement and go long
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
Overall we have a price in Ascending Channel. For now price got rejected by the mid line and we can expect the lower boundary to be tested. We can go short here with stop-loss above the mid line
If we have a confirmed retracement of the lower boundary of an ascending channel, also the horizontal support zone. It can be an opportunity to catch the retracement and go long
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
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.
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.