A good trade near rising rectangular channel
Which is bearish pattern.
Broken support line of rectangular can give a down side good move.
Here we can short opportunity also stoploss when its enter again in channel.
Which is bearish pattern.
Broken support line of rectangular can give a down side good move.
Here we can short opportunity also stoploss when its enter again in channel.
Note
Took support from bottom line can be a reversal so just wait for breakout and retest.
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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.