I initially thought we were in a falling wedge (yellow), however, there wasn’t much volume or follow through on the break out. We may be in a descending channel (dark blue). Feedback welcome! Thank you
Hi all, I’m a new trader (scalping and swing) and this is the chart I’ve been working with. I’m looking for feedback, negative or positive, please comment! In my TA, I look for HTF trends and trade patterns and support/resistance break outs within them on MTF and lLTFs. In the chart above, the black trend line is R/S flip going back to sept 2020, the red line...