Weekly Descending channel which has been putting in lower highs.
Although we had a fake out we are still currently within the channel, therefore if we can break the counter trend line then I will be looking for us to achieve the lower boundaries which also lines up with many areas of confluence.
Although we had a fake out we are still currently within the channel, therefore if we can break the counter trend line then I will be looking for us to achieve the lower boundaries which also lines up with many areas of confluence.
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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.