We get a nice rejection candle of the channel. See that fake out? Trapped buyers and now we could be pushing down. Wait for daily close and lets see next week
Note
When you have a daily channel, wait on the daily close before you think its a break up or break down so you avoid being faked out
Order cancelled
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.
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.