Hello friends!
Happy new week to you! I wish you profitable days and a good trading mood.
As we can see, on February 1, the price began its downward movement. And from the same day the price began its movement in the growing channel. As we can see, the channel lines have been broken several times. But this does not prevent the price from following the channel's direction.
Now the price has bounced off the lower channel line and started its upward movement. I think this movement will continue to the upper channel line. Note that the price always pushes down from the upper channel line. Therefore, today I expect the price to continue falling and return to the lower channel line.📈📉
Do you agree?)
Your Solldy.
Happy new week to you! I wish you profitable days and a good trading mood.
As we can see, on February 1, the price began its downward movement. And from the same day the price began its movement in the growing channel. As we can see, the channel lines have been broken several times. But this does not prevent the price from following the channel's direction.
Now the price has bounced off the lower channel line and started its upward movement. I think this movement will continue to the upper channel line. Note that the price always pushes down from the upper channel line. Therefore, today I expect the price to continue falling and return to the lower channel line.📈📉
Do you agree?)
Your Solldy.