Price action has developed a larger descending channel on the HTF which in nature is considered a reversal pattern.
Looking at the LTF we can see price impulsively reversed from the upper boundary moving correctively to retest the top of channel again.
Wait to see if we get a bearish confirmation for a sell opportunity.
Thanks
Trade Safe
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Looking at the LTF we can see price impulsively reversed from the upper boundary moving correctively to retest the top of channel again.
Wait to see if we get a bearish confirmation for a sell opportunity.
Thanks
Trade Safe
Share your opinion by leaving a comment below.