Price within an up channel is looking to find a double bottom and continue upwards
The structure is interesting with (2) being the low points, forming the higher low and (1) being the points above, allowing the structures formation. Nearly a W formation but more like a flat bullish bottom
Lets see what happens.
The structure is interesting with (2) being the low points, forming the higher low and (1) being the points above, allowing the structures formation. Nearly a W formation but more like a flat bullish bottom
Lets see what happens.
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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.