Corrective structure possibly forming a descending channel within a major descending channel.
If price rejects at the third touch of the small descending channel , a long position will be favourable with a bullish impulse corrective structure.
If price rejects at the third touch of the small descending channel , a long position will be favourable with a bullish impulse corrective structure.
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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.