We have a ascending support channel in play and a broken descending channel resistance in play
I would like to long structure wise, but a bearish ichimoku crossover is trying to form, i am looking for a quick drop and reversal pin bar candle to enter this long. Right now the momentum is in favor of bears , let's look for rejection and confirmation to take this long
I would like to long structure wise, but a bearish ichimoku crossover is trying to form, i am looking for a quick drop and reversal pin bar candle to enter this long. Right now the momentum is in favor of bears , let's look for rejection and confirmation to take this long
Comment:
The back of the descending channel still supporting bullish scenario, very interesting price action
