D1 - Price has reached the bottom of the bullish channel. As long as the channel is going to hold, we can look for bounces and buy setups here.
Invalidation: If the price breaks below the bottom of this channel then this setup is invalidated (false breaks are acceptable).
H4 - We already had a false break and also a potential divergence is forming. We can go long with the breakout of the most recent downtrend line.
We may look for buys until price reaches the top of the daily bullish channel.
Invalidation: If the price breaks below the bottom of this channel then this setup is invalidated (false breaks are acceptable).
H4 - We already had a false break and also a potential divergence is forming. We can go long with the breakout of the most recent downtrend line.
We may look for buys until price reaches the top of the daily bullish channel.