Possible false exit from the ascending channel

٢٩ يونيو ٢٠٢٠

On the 1D timeframe, the recent downward movement can be considered as a false breakout of the ascending channel. The local picture is also quite bullish now, on the 4H timeframe. formed an inversed Head and Shoulders. Therefore, at the moment, while the price is within the boundaries of the ascending channel, an upward movement is most likely.

٢٠ يناير ٢٠٢١

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