Descending channel with an impulse and corrective phase.
If price happens to be rejected at the low of the correction I will gladly go long.
If price happens to be rejected at the low of the correction I will gladly go long.
Note
With the opportunity missed, I will wait for another corrective structure before taking a trade.Note
I am currently eyeballing the corrective structure forming at the moment.
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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.