Interesting two parallel channel
Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
KCSUSDT :
A big channel and a smaller parallel channel can be seen.
The price reached the upper line of the bigger channel and then reacted to the line and reversed.
At the same time, we see the price braked the small parallel channel and this is a trigger for a bearish wave to the lower line of the bigger channel.
Now, a pullback is seen to the smaller channel and it is a good opportunity to go short.
The target is the lower line of the bigger channel.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
KCSUSDT :
A big channel and a smaller parallel channel can be seen.
The price reached the upper line of the bigger channel and then reacted to the line and reversed.
At the same time, we see the price braked the small parallel channel and this is a trigger for a bearish wave to the lower line of the bigger channel.
Now, a pullback is seen to the smaller channel and it is a good opportunity to go short.
The target is the lower line of the bigger channel.
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