Channel break - retest and short to the long term trendline?
1. Price broke down through the wedge it had formed and re-tested the bottom trendline before moving down to ultimately break the channel it had been in for weeks.
2. Price seems to be catching support - will it test the channel break before moving down further?
3. This yellow trendline is from a move that started way back in September of 2012. This also coincides fairly closely to the price where the broken channel began I would watch this trendline as a potential exit.
2. Price seems to be catching support - will it test the channel break before moving down further?
3. This yellow trendline is from a move that started way back in September of 2012. This also coincides fairly closely to the price where the broken channel began I would watch this trendline as a potential exit.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.