According to the channel we are currently in and also taking into account the China uncertainty + possibility of more negative news about exchanges being shutdown I believe we will have a chance to enter long along lower support line of channel.
The bounce at fibonacci level did not provide us enough of a push to get past this midpoint. Before we move to upper half of the channel I believe we will touch lower support line.
The bounce at fibonacci level did not provide us enough of a push to get past this midpoint. Before we move to upper half of the channel I believe we will touch lower support line.