The down trending channel has been for a long time. It is wide channel and for long term.
Therefore, to go long at its bottom seeing another internal channel (alike to consolidation) with bullish divergance is not bad idea . Just watch closely the smaller time frames for extra entery signals.
Therefore, to go long at its bottom seeing another internal channel (alike to consolidation) with bullish divergance is not bad idea . Just watch closely the smaller time frames for extra entery signals.