By the looks of this channel, my overall thesis would be a buy position. Simply because of price being at the bottom of this channel. I've also noticed that once in a descending triangle pattern typically near the end, we could see price breaking out of the bottom channel to then retest the bottom channel overall giving a bearish continuation. whichever the case might be well be ready.
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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.