HTF - Bearish impulsive move down, followed by a correction ascending channel.
LTF - Price has moved impulsively down twice, but now is forming an expanding triangle, and currently, in a descending wedge, I expect further bearish momentum, however, there's the HTF ascending channel barrier that needs to be broken followed by a continuation correction pattern, before we make a trade.
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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.