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the price is declining in descending channel. if we see the price goes to the resistance we can take a short position from that level if we see a confirmed retracement. if price makes a confirmed retracement of the middle line (where price now) we can also take a short position
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Do not trade this idea before you make your own analysis!
the price is declining in descending channel. if we see the price goes to the resistance we can take a short position from that level if we see a confirmed retracement. if price makes a confirmed retracement of the middle line (where price now) we can also take a short position
Please follow the Trading View profile to support my work
Do not trade this idea before you make your own analysis!
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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.
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.