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Price retraced of the higher boundary of the Channel and can break the Mid line of the one.
If there is a confirmed breakout of the Mid line also the Ichi Cloud support zone we can initiate a short position. In case we have a breakout of the lower boundary of the channel we can also initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price retraced of the higher boundary of the Channel and can break the Mid line of the one.
If there is a confirmed breakout of the Mid line also the Ichi Cloud support zone we can initiate a short position. In case we have a breakout of the lower boundary of the channel we can also initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.