Price made an Impulse and then start to move within the channel . There is a fake breakout happened at the place I marked .
Why is it a fake breakout ?
Because after made a breakout of the trendline / channel price move back inside of it !
Currently price is reaching the bottom of the channel and High Liquidity area which I will be monitoring for potential long opportunity only if the price change to bullish environment !
Why is it a fake breakout ?
Because after made a breakout of the trendline / channel price move back inside of it !
Currently price is reaching the bottom of the channel and High Liquidity area which I will be monitoring for potential long opportunity only if the price change to bullish environment !