Hello 🐋
based on the chart, break out of the parallel channel have been completed, and the price is close to the strong daily support and descending channel support 📖
so
we should stay in the position of patience and see what will happen we will lose our supports, or we can see brief gain in short term view 💡📖💡
beside
range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡
and
correction is more probable (suppose it as a stop loss hunting) 📖💡
and
whole view toward the price is short position ❌🧨❌
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
based on the chart, break out of the parallel channel have been completed, and the price is close to the strong daily support and descending channel support 📖
so
we should stay in the position of patience and see what will happen we will lose our supports, or we can see brief gain in short term view 💡📖💡
beside
range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡
and
correction is more probable (suppose it as a stop loss hunting) 📖💡
and
whole view toward the price is short position ❌🧨❌
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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Related publications
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.
Educational plans & Free signals, all in telegram:👉t.me/madwhalechannel
Hey! If you liked my content, support me by signing up with my link. The exchange is safe & reliable, and I’ll get a small commission too. Thanks👇bit.ly/4jp4yMI
Hey! If you liked my content, support me by signing up with my link. The exchange is safe & reliable, and I’ll get a small commission too. Thanks👇bit.ly/4jp4yMI
Related publications
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.