The price has reached the ceiling of its long-term channel/ if it exits from the first channel, the price will have the potential to grow up to the ceiling of the second channel over time and with the usual fluctuations of the market
Trade active
H4Note
The price has not yet managed to break through the upper level of the channel with the momentum candle
(H1)
Note
Note
Note
Be sure that the ceiling of the second channel will be touched over time/this is the technical rule and the price cycle
Trade closed: target reached
The movement in the path of analysis continues
Note
H4
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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.