I am expecting sell setup from channel line. This channel is changing pattern from bottom. I will look for buy setup from bottom. Remember break up will invalidate the idea.
Note
So far we are in the structure and we have formation of reversal channel watching for price action under trend line. In case price break trend line we may have change in structure but looks like less likely. Here we got the update.
Note
Reversal channel showing its power breakdown at any time is possible if price push up to trend line thats gonna be ideal sell place watching closely.
Note
Here we got the breakdown of reversal pattern.
Note
Note
This is how sell breakdown pattern form.
Note
watch for clear break up dont jump early and dont try to pick the running candles.
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.