Confulence is key here. It's like someone took a normal channel and broke it in two...
Greenish channel perspective, it's a test of a breakout
Purple channel - reached lower side and a bounce is apparent
Major support level tested
Don't care if it looks bad, 3 confirmations - I'm in and trailing.
Greenish channel perspective, it's a test of a breakout
Purple channel - reached lower side and a bounce is apparent
Major support level tested
Don't care if it looks bad, 3 confirmations - I'm in and trailing.
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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.