Descending Channel Pattern
From what is a descending channel which also has a higher percentage of completion than the others. Whether is a Continuation or a full Reversal solely depends on where it breaks out at. In my opinion this is going to be a full reversal considering how we have been more so consolidating, rather than dropping. No position just yet but i will scalp and lean more towards the bullish side.
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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.