The price approched Prev. HH forming an Ascending Channel. Hence this indicate reversal signal with more confluences, like...
Double Tops
Ascending Channel
Reversal Impulse
Therefore I'm expecting to LTF Continuation Correction then I can look for Entry.
Hence I'm Anticipating price to push to break an Ascending Channel then correction to confirm the selling opportunity.
Double Tops
Ascending Channel
Reversal Impulse
Therefore I'm expecting to LTF Continuation Correction then I can look for Entry.
Hence I'm Anticipating price to push to break an Ascending Channel then correction to confirm the selling opportunity.
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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.