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Horizontal is lost and also price below the mid level of descending channel. We closed below the horizontal with a bearish engulfing which confirms the breakout.
Better to take targets inside the channel until it's broken, which will provide more info.
First target point hit let's wait for next ones with stop-loss on horizontal zone (marked green) or above.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
Horizontal is lost and also price below the mid level of descending channel. We closed below the horizontal with a bearish engulfing which confirms the breakout.
Better to take targets inside the channel until it's broken, which will provide more info.
First target point hit let's wait for next ones with stop-loss on horizontal zone (marked green) or above.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice