Donchian Channel
1. As you see RSI was in overbought area.
2. Recently price could break the middle line of Donchian Channel.
So, I expect that price touch the lower band.
2. Recently price could break the middle line of Donchian Channel.
So, I expect that price touch the lower band.
Trade closed: stop reached
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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.