Starting with an uptrend, price action reacted to it trading it as a bullish channel.
Then there's a downtrend, which has dragged price down for a new monthly support
inside it is a ranging channel in which a breakout should act on soon then we'll trade the bearish channel as expected.
Just an idea of what i think will happen
Then there's a downtrend, which has dragged price down for a new monthly support
inside it is a ranging channel in which a breakout should act on soon then we'll trade the bearish channel as expected.
Just an idea of what i think will happen