MN: Uptrend in bearish correction
WK: Bearish correction seen in a falling channel
(Channel might turn out as bullish flag)
DY: Price at upper border of falling channel
H4: Classical bearish divergence seen
H1: Double top seen, Neckline broken.
SHORT
WK: Bearish correction seen in a falling channel
(Channel might turn out as bullish flag)
DY: Price at upper border of falling channel
H4: Classical bearish divergence seen
H1: Double top seen, Neckline broken.
SHORT
Note
Middle of channel is possible.
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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.