Higher-Timeframe Channel Rejection & Target Alignment
HTF Context: Price is respecting a macro ascending channel (4 years) on the monthly chart, with last month showing a strong bearish rejection off the upper boundary.
--Since the start of this month, three consecutive weeks have closed bearish, indicating that downward momentum has not been exhausted yet.
-- The most probable downside target is the confluence area where the red descending trendline intersects the monthly key support level.
HTF Context: Price is respecting a macro ascending channel (4 years) on the monthly chart, with last month showing a strong bearish rejection off the upper boundary.
--Since the start of this month, three consecutive weeks have closed bearish, indicating that downward momentum has not been exhausted yet.
-- The most probable downside target is the confluence area where the red descending trendline intersects the monthly key support level.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
