we do see a smaller downtrend and the question is "will it break the upchannell?"
the probability is increasing due to a smaller double bottom formed as shown in the chart with a correction in progress, this mean it's ranging and more traders will get in, so the next conformation of a new downtrend will be the break of present upchannell
the probability is increasing due to a smaller double bottom formed as shown in the chart with a correction in progress, this mean it's ranging and more traders will get in, so the next conformation of a new downtrend will be the break of present upchannell