- October 30, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Channel Down on 4H.
Signal: Buy as the current bearish leg is forming a sequence similar to the September 01 – 14 leg = Death Cross, followed by a Triangle bottom. The signal is invalidated if the Channel breaks the Lower Low trend-line.
Target: The 4H MA200.
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