Sell opportunity...price hit the resistance level in the parallel channel.
Multiple attempts to break through resistance. There is an opportunity to take a short position down to the pivot line.
TP 1 & TP 2 then chart will hit a reversal.
Multiple attempts to break through resistance. There is an opportunity to take a short position down to the pivot line.
TP 1 & TP 2 then chart will hit a reversal.
Note
TP1 was accurate! TP2 lets goooo!
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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.