I personally think that the best option is to stand aside: Prices might move inside the channel (as suggested by the Stochastic - Go short), but they can still turn up again.
Just wait if the price will be able to overcome the support level again before buying.
Just wait if the price will be able to overcome the support level again before buying.
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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.