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LendingClub Corporation
Short
Updated

Channel trade ahead

90
Even though we are kind of in the middle of that channel, you should either keep an eye on it, or wait for two more candles to give an unambiguously signal to be sure the downtrend continues.
Note
I hope you waited those 2 candles ;-)

Now we have one more option, if the price breaks the resistance on top, we might have a breakout soon. If not, we do have a nice channel to ride. Although that channel had 7 bounces already. Thats why we should be careful at this stage.
Evan_Moe_Money
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Parallel Channelswingtrading

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Parallel Channelswingtrading
Evan_Moe_Money
Free Trading Education:
discord.gg/EQmck5aU
Also on:

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.