In the daily time, it is moving in a medium-term ascending channel, which has grown to the upper limits of the channel after the diamond pattern and reaching around the support area with the return and breaking of its previous resistance. Now, it can either be in the current area or in the roof of the channel, which has an important resistance, and enter the correction and pullback to the broken resistance. Therefore, by confirming the candlestick pattern, we can enter the sales transaction up to the specified area.
Note
Note
AND NOW
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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.