a)The price failed to break the ascending channel (solid yellow lines) b)The price Broke the inner ascending channel (yellow dash-dot lines) and made a re-entry to the white channel. c)We will consider that as a failure of the bullish movement. d)Currently, we can see a corrective structure below the inner ascending channel. e)We have two targets for the bearish movement explained on the chart.
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.