I am seeing a long sell
DAILY
We have struggled to break the high for the third time, telling us the ceiling is high and filled with sellers. An ascending channel is forming and within it we have another ascending channel which adds to the confluence.
4H
We have a bullish channel in the smaller ascending channel. Where it is also struggling to break the high. 179.80, this gives us ideas of what to do next as we wait on the market open today which will come with the supply.
1H
Impulsive bearish candles, they dragging each other. Let's stay watching 192.20 and see how the trade idea goes.
DAILY
We have struggled to break the high for the third time, telling us the ceiling is high and filled with sellers. An ascending channel is forming and within it we have another ascending channel which adds to the confluence.
4H
We have a bullish channel in the smaller ascending channel. Where it is also struggling to break the high. 179.80, this gives us ideas of what to do next as we wait on the market open today which will come with the supply.
1H
Impulsive bearish candles, they dragging each other. Let's stay watching 192.20 and see how the trade idea goes.