A bearish channel a level that trend traders can look for a shorting opportunity at the tip of it and counter-trend traders can look for a buying opportunity at the bottom of it.
Candle confirmation on this trade is important, and this will be an add on to the existing trade I had on the Head and Shoulders(link at the bottom) which I've shorted it based on the Type2 Bearish Gartley that I had add-on to the existing position.
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.