This chart looks promising to me. I've drawn 2 channels. The blue one is based on the (3) and the black on the "B" level. Notice the mid line on the blue channel appears to act as a support/resistance line at multiple sites (marked with rectangles). I would think that would add validity to the channel.?? Have any of you read this or believe this is true?? Would appreciate feedback. Thanks. Process your way Have a great weekend.
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.