Rising Parallel Channel. Price hit resistance and looking back in time, price seems to bounce off that ascending level.
I expect a 3% dip and bounce back up off the EMA cloud. Confirmation on that volume decrease plus u got a doji-type candle at the peak just as it touched resistance.
Happy Trading,
Stefan
Owner of A-Stock Trading
I expect a 3% dip and bounce back up off the EMA cloud. Confirmation on that volume decrease plus u got a doji-type candle at the peak just as it touched resistance.
Happy Trading,
Stefan
Owner of A-Stock Trading
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