1. price First respected the trendline and broke the support level.
2. Retested the trendline by travelling through the parallel channels
so there is high probability of price moving towards lower levels
2. Retested the trendline by travelling through the parallel channels
so there is high probability of price moving towards lower levels
Trade active
Note
Beautifully respected the parallel channel. Note
price took support and moved up wards
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.