It takes at least 3 touches of a trend line to validate it. The more the better. The last couple months have validated the top and bottom of the trend. It could travel within the channel, or it can break and move aggressively in either direction.
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.
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.