reference to chart for more info.
Blue box: support zone
red box: resistance zone
touch of top of channel would most likely signal need to move to bottom of channel or support to continue movement.
Blue box: support zone
red box: resistance zone
touch of top of channel would most likely signal need to move to bottom of channel or support to continue movement.
Note
heading to bottom of channel, alts up again
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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.