Very simple setup 1st wave of downtrend finished at 30k level and entered the channel which should create wave 2. It is highly probable that the pair will go out the channel same as as it did enter it. 200 ema very nicely pushing price lower with combination of magical round number 40k.
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.