📉 Description:
-This is a classic example of a broadening falling channel on the Monthly Time Frame (MTF), where the counter-trendline (CT) has just been taken out by a strong bullish candle. Volume confirms the strength
📌What makes this setup particularly interesting:
-MTF structure: Despite a series of lower lows on the monthly, it has respected the broad structure of the falling channel throughout.
-WTF/DTF structure: Weekly and Daily timeframes are making higher lows (HLs),
-Price behavior: Clean reaction to the trendline and no choppiness around breakout — this reflects a well-absorbed selling zone
⚠️ This is not a forecast, not a call or tip — just me charting what I see. Drop any doubts in the comments.
-This is a classic example of a broadening falling channel on the Monthly Time Frame (MTF), where the counter-trendline (CT) has just been taken out by a strong bullish candle. Volume confirms the strength
📌What makes this setup particularly interesting:
-MTF structure: Despite a series of lower lows on the monthly, it has respected the broad structure of the falling channel throughout.
-WTF/DTF structure: Weekly and Daily timeframes are making higher lows (HLs),
-Price behavior: Clean reaction to the trendline and no choppiness around breakout — this reflects a well-absorbed selling zone
⚠️ This is not a forecast, not a call or tip — just me charting what I see. Drop any doubts in the comments.
🎯 Master My Self-Made Trading Strategy
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🎯 Master My Self-Made Trading Strategy
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
