1. WE can see in HTF the price is impulsively moving to the upside while making small corrections along the way.
2. In LTF we can see price is in an impulsive phase.
3. We can also see an incomplete ascending channel
4. So we can expect the price to go long but we need to wait for a continuation correction for a confirmation
2. In LTF we can see price is in an impulsive phase.
3. We can also see an incomplete ascending channel
4. So we can expect the price to go long but we need to wait for a continuation correction for a confirmation
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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.