Ok so from my last post I’d referred to the monthly so here it is.
Note the channel lines were placed months ago. Thus we can know see that price broke out from this bearish channel. Also note that price is forming a bigger w pattern
N
Now finally note that the resistance outlined..
As it was resistant turned support. And now it’s using it as so thus we are expecting what I said in the previous post and how currently price is making a n pattern
this is how we trade
HOW TO TRADE LIKE THEM-
Note the channel lines were placed months ago. Thus we can know see that price broke out from this bearish channel. Also note that price is forming a bigger w pattern
N
Now finally note that the resistance outlined..
As it was resistant turned support. And now it’s using it as so thus we are expecting what I said in the previous post and how currently price is making a n pattern
this is how we trade
HOW TO TRADE LIKE THEM-
הערה:
Also what we must understand is that we are in the end of the month and with respect to the trendline we see that the monthly bearish candle can easily respect the line and next month we can expect the cont of trend as tomorrow is the last trading day of the month