HTF - price moving bullishly through an ascending channel, which just false break through the bottom and re-entered the structure.
LTF - Market is forming a descending channel, informing us that the HTF bullish momentum is still in the markets, and we can obtain further upside of the price, now price just hit the bottom of the descending channel with a "V formation" indicating a change of momentum, now a continuation correction will need to be formed in order to get an entry after this upside impulsive move.
LTF - Market is forming a descending channel, informing us that the HTF bullish momentum is still in the markets, and we can obtain further upside of the price, now price just hit the bottom of the descending channel with a "V formation" indicating a change of momentum, now a continuation correction will need to be formed in order to get an entry after this upside impulsive move.