Potential bullish scenario
Price action just made higher high in descending channel. If it forms bullish pattern and breaks out, long entry would be great. It may even break that channel.
Note
It formed bullish pattern and broke out. Trend is still in process
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.