In an upward channel. Would like to see a test of either side before trading on the daily time frame.
A shorter term ascending trend line as been broken, a close below that would initiate a short on a smaller time frame.
Next is to look at a shorter time frame for the trade setup.
A shorter term ascending trend line as been broken, a close below that would initiate a short on a smaller time frame.
Next is to look at a shorter time frame for the trade setup.
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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.