Price is currently within a large down channel
I expect a move up to the top of the channel and then revert back to the norm of back within the channel
It is possible that price breaks the channel and continues up to the thick horizontal line. Speculative though.
Falling Wedge Breakout
I expect a move up to the top of the channel and then revert back to the norm of back within the channel
It is possible that price breaks the channel and continues up to the thick horizontal line. Speculative though.
Falling Wedge Breakout
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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.