If the price does not breaking the bottom of the channel, (due to the end of the fifth wave in the 4-hour chart), then after hitting the bottom of the channel as well as hitting the 30-MA. there is possibility to return to top of the channel.
Pay attention: that the closing of the ascending candlestick inside the chanel, and then, passaging the next ascending candle above the highest price of the closed candle, is a buy signal.
Pay attention: that the closing of the ascending candlestick inside the chanel, and then, passaging the next ascending candle above the highest price of the closed candle, is a buy signal.
Comentarios:
Looks like the last candle closed within the ascending channel! If candle close inside the channel, I'll be buying when it breaks above the high of this candle.
