Rising channel with 2 high time frame support levels.
Price is likely to drop to the bottom line of the channel.
From this moment I we will be looking to take a position for which I will take profit on the 3 targets identified by the green arrows.
Whether I take an entry on this level is dependent on volume price analysis on this level. Update will follow.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Price is likely to drop to the bottom line of the channel.
From this moment I we will be looking to take a position for which I will take profit on the 3 targets identified by the green arrows.
Whether I take an entry on this level is dependent on volume price analysis on this level. Update will follow.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
