Channel has completed, expect sells.
Can fake out before continuing down if so, will wait for it to come back into structure of the channel as a sell signal before riding it down.
Not liking how price has currently moved but as the whole channel is corrective I am still bearish until a bullish pattern is formed.
Can fake out before continuing down if so, will wait for it to come back into structure of the channel as a sell signal before riding it down.
Not liking how price has currently moved but as the whole channel is corrective I am still bearish until a bullish pattern is formed.
Note
as its now come back into structure we are good for sells, but I would prefer a pullback as the SL would be higher because of the previous candle.
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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.