Nothing is visible in this channel at the moment
We had a bottom in the green box that was broken and I marked the end of its movement with the blue line. The end of the movement that can be considered for it in the medium term is the red lines
Now, depending on the market conditions, it is up to you to decide
And if a launch is to be made, the ceiling of the channel can be available in the first step
But any step-by-step purchase with controlled volumes, I think, can be appropriate in the reversals and place your stop below the blue line
We had a bottom in the green box that was broken and I marked the end of its movement with the blue line. The end of the movement that can be considered for it in the medium term is the red lines
Now, depending on the market conditions, it is up to you to decide
And if a launch is to be made, the ceiling of the channel can be available in the first step
But any step-by-step purchase with controlled volumes, I think, can be appropriate in the reversals and place your stop below the blue line
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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.
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.