The week starts with profitable news. Here are a few of my ideas that followed my arrow. This is a good result.
As we can see, the price is in a new channel. The channel is falling, it goes to the support line. Please note that the channel lines did not suffer much from the price movement; there were no strong breakouts. This will help in our today's idea.
The price has reached the upper channel line. I think this will be a good moment for the price to fall. As we can see, earlier the price also bounced off the upper channel line. This is a good hint that the price will also go down at this point. I think the price will reach the intersection of the support line and the lower channel line.📉
Do you agree?)
Your Solldy.
As we can see, the price is in a new channel. The channel is falling, it goes to the support line. Please note that the channel lines did not suffer much from the price movement; there were no strong breakouts. This will help in our today's idea.
The price has reached the upper channel line. I think this will be a good moment for the price to fall. As we can see, earlier the price also bounced off the upper channel line. This is a good hint that the price will also go down at this point. I think the price will reach the intersection of the support line and the lower channel line.📉
Do you agree?)
Your Solldy.
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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.