Weekly in an uptrend channel . It has been retracing from a long climb and now it looks like the price wants to continue its journey.
At the moment the price is at support and the weekly bullish divergence is lurking
At the moment the price is at support and the weekly bullish divergence is lurking
Comment:
Looks pretty squezed now
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Lower trendline in channel is the support. Why would that be dangerous? I always use candlestick patterns for entry.
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I do get your point, this channel lower line has 3 touches excluding the one now. So that makes it a valid trendline.
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hmmm
Where are they? I can't see them
Maybe you are referring to the one that doesn't have a swing after it?
Where are they? I can't see them
Maybe you are referring to the one that doesn't have a swing after it?
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