Alikze »» OP | Ascending channel

hace 3 días🔍 Technical analysis: Ascending channel

- In continuation of the analysis presented in the previous post, after dealing with the descending channel, it was corrected for a while. which led to the completion of correction leg C. Finally, the modification leg in the range of PRZ-1 met with demand.

- Currently, it is moving in a short-term ascending channel.

- Due to the exit from the medium-term downward channel and pullback to it, an upward trend has been formed.

- Therefore, I expect it to move upward in this channel and continue its growth until the supply range.

💎Alternative scenario: If it does not have the ability to exit the golden zone and faces the weakness of the trend, the correction can continue until the origin of the movement.
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