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It is the same idea, anticipated downtrend before returning UP
EURUSD
, 60
Short
EURUSD: It is the same idea, anticipated downtrend before returning UP

How long can we go? Price might go very very low, be watchful...Wait for signs of reversals, identify areas of buys.

Example of Uptrending Channel sell signal
EURUSD
, D
EURUSD: Example of Uptrending Channel sell signal

Per bukowski a breakout occurs when prices breakout above the resistance line or below the support line. for an uptranding channel, typically a sell signal is given when prices break below the upward sloping support line (lower). Internally it is best to trade in the direction of the trend and avoid obvious tops.

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