After the break of two small channels and a growth of 30%, we have now entered a new level of price and we are faced with resistance of the main downtrend channel.
Facing the main channel while not corrected .. Is it capable of breaking the descending channel authoritatively? Or will it go to lower levels for a correction?
Facing the main channel while not corrected .. Is it capable of breaking the descending channel authoritatively? Or will it go to lower levels for a correction?
Comment:
Its entered to correction mode.
Comment:
I think we will test the support of the channel floor
Comment:
Its reached to our desired level. I will explain next step in a new idea.
