THE PRICES HAS REACHED THE SUPPORT OF THE TWO OVERLAPPING CHANNELS AND ALSO THE DEMAND ZONE
THE PRICE HAS REACHED THE DEMAND/SUPPORT LEVEL
SUPPORT BECOMES THE RESISTANCE AND THE RESISTANCE BECOMES THE SUPPORT .AFTER THE PRICES CROSSES THE 50 SMA A CHANNEL WILL BE FORMED
As the price reaches the supply zone it also meet the trendline wich act as a resistance where the stochastic confirms it