Descending channel pattern formed in a short-term bearish move forming part of a longer-term uptrend as continuation pattern to new HH shortly.
There is a bullish divergence at the lower trendline in a descending channel pattern.
Buying the test of the lower portion of the channel can get tricky. This is because you are knowingly buying a currency that is in a weak position! But I think it will climb soon
There is a bullish divergence at the lower trendline in a descending channel pattern.
Buying the test of the lower portion of the channel can get tricky. This is because you are knowingly buying a currency that is in a weak position! But I think it will climb soon
