Daily TF with Bearish Bias.
4Hr TF - Ascending channel being formed and another descending channel formed inside, the price hit the bottom of ascending channel and reacted impulsively and forming a double bottom, waiting for the break of the channel and LTF correction for bullish momentum.
Remember, counter-trade setups are very risky since most of the momentum is south!
4Hr TF - Ascending channel being formed and another descending channel formed inside, the price hit the bottom of ascending channel and reacted impulsively and forming a double bottom, waiting for the break of the channel and LTF correction for bullish momentum.
Remember, counter-trade setups are very risky since most of the momentum is south!