The market never goes out of its cycle It fluctuates between the trend and the trading range Each process consists of two stages Spike and channel If you pay attention, the price has entered the channel stage after the spike stage and has been on the move for some time Finally, strong sales orders enter the market, which caused the upward channel to fail, and the price is tested again. We expect the price to return to the channel stage and form a new ceiling.
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.
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.