We can take our position according to the price movement.
If it breaks the descending channel up , we buy it since there is a double bottom pattern formed.
If it is rejected by the channel, we sell it since descending channel continues.
This is not a trading signal.
The price is in the falling channel. It is rejected from the upper channel and will possibly fall to the lower channel.
When this happens. it will also form ABCD pattern.
- Falling channel
This is not a trading signal. Take your own risk.
This is at Wave count 4
It is rejected by a strong weekly support. Now trying to exit the descend channel. When it breaks, we can open our long position.
Buy: When breaks the channel up
This is not a trade signal.
- Wedge test, then fall
- Confirmed using: Daily Ichimoku and Daily MavilimW
Wait for the confirmation. It is not a trade signal or recommendation, just for price following.