Today we have a nice situation to show you the
different timeframes of trading in my channelsystem
The longtime channel (blue lines) is still long (angle +)
but the shorttime channel as shwon is in a short situation.
So if you trade in the timeframe of 60 Minutes/1 HR or 120 Minutes /2HR
you should be in a short position.
If you trade in much longer timeframes , like 1D you could be still long.
But i think you must check than:
A Break of the lower blue is a short signal not only in the shorttime
also in the longtime system. !!
If you want to support my work and my charts. please like them...