I hope you enjoy going deeper into charts the same way as I do. Finding opportunities like this is really difficult and takes a lot of time. Hopefully one day I'll get better at it.
This time I believe we could potentially be leaving the parallels channels to the downside, plus I don't see enough buying pressure and the manipulations are more evident.
For the invalidation, the price would need to have a strong reaction to the upside in the few hours, otherwise the short-term direction is downwards.
This time I believe we could potentially be leaving the parallels channels to the downside, plus I don't see enough buying pressure and the manipulations are more evident.
For the invalidation, the price would need to have a strong reaction to the upside in the few hours, otherwise the short-term direction is downwards.
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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.