- January 8, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Up on 1D.
Signal: Bearish if the Higher Low trend line breaks (flag mark) as the price has been already rejected on the wider 1M Channel Down (bold channel).
Target: 0.6700 (just below the 1D Support). If the 1D Support breaks we may see an extension on the 1M Channel Down towards a new Lower Low near 0.64000.