We talked about the ascending channel and how they work for example here we are in strong and great downtrend and bearish market ,ascending channels like previous time are short-term rise and after breakout to down side market continue falling .
we may expect rise here and again touching channel height or soon breakout and great amount of fall is expected after that .
so for now best plan is to respect channel: <<buy low and sell high >> until it breaks
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
we may expect rise here and again touching channel height or soon breakout and great amount of fall is expected after that .
so for now best plan is to respect channel: <<buy low and sell high >> until it breaks
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
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VIP channels:
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check the pinned message in telegram for more info and plans.