The chart is on a direct channel
If the price reaches point a we have to sell
But if it reaches point b, we have to buy
But as you can see, the CCI indicator and the RSI indicator are rising. Even if the price breaks the B point, it is most likely a false rise.
From what I see, the price will probably go down
But whenever the price breaks any point, it is better...
As you can see, at point a the uptrend is broken and changed to a downtrend
And at point b, the downtrend is broken and changed to the uptrend
If the resistance line c is broken, we will see a very strong uptrend, but now the chart is in the uptrend channel.
now the trading Strategy is Buy on the channel floor and sell on the channel roof
In this chart, in the daily time frame, we see a hanging man pattern that has broken the channel.
We will see a downtrend for a short time
The cci indicator has given us a buy signal and the rsi is falling
So this is a downtrend for a short time and after that we can see a rise with moderate strength