Nickel channel pattern
Updated
Nickel formed descending channel pattern.
As long as prices remain within the descending channel, the downward trend in price can be expected to continue.
The direction of the break will determine whether it’s a continuation or a reversal.
Trade with stoploss
(Trading is probability).
As long as prices remain within the descending channel, the downward trend in price can be expected to continue.
The direction of the break will determine whether it’s a continuation or a reversal.
Trade with stoploss
(Trading is probability).
Trade closed: target reached
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.