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SKLUSD: 4H Correction occurred within channel
SKL
SKLUSD: 4H Correction occurred within channel
By Ambassadorj
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Updated
Oct 5, 2023
1
May 4, 2021
As above.
Well so goes BTC, so goes SKL etc.
There is a channel that formed and we might see price recover to 0.7 area again but uncertain what it will do after that.
I would be cautious to interpret this as a bull flag pattern that is developing until we can confirm breakout of upper trendline with higher volume.
Good luck traders!
Oct 5, 2023
Note
Geez! Followed that trend channel fairly decently for almost 3 years!!!
Beyond Technical Analysis
SKLUSD
Trend Analysis
Ambassadorj
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