Looking for sells, when looking at a bigger structure, an ascending channel is formed. SO this means sellers will be taking over for long time. After a breakout there was another ascending channel which confirms that sellers have more pressure, our trade will be validated once price break our ascending channel.
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.