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the price was rejected by the middle line of the ascending channel and can take a correction. so we can take a long position if we have a confirmed retracement of the support trendline of the acsending channel.
if price breaks the strong resistance again we can also take a long position
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Make your own analysis before you trade this idea!
the price was rejected by the middle line of the ascending channel and can take a correction. so we can take a long position if we have a confirmed retracement of the support trendline of the acsending channel.
if price breaks the strong resistance again we can also take a long position
Please support my work by following the Trading View profile
Make your own analysis before you trade this idea!
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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.