Long
Descending channel pattern formed.
Descending channel pattern formed in a short-term bearish move forming part of a longer-term uptrend as continuation pattern to new ATH shortly.
The descending channel pattern is often followed by higher prices, but only after an upside penetration of the upper trend line.
The descending channel pattern is often followed by higher prices, but only after an upside penetration of the upper trend line.
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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.