How do we determinate which one is the correct channel?
Is it the red or the yellow one?
If the correct one is yellow, then the channel has been broken, a signal that we should start considering a short position, meanwhile if the right one is the red one, we could conclude that we are still going up at a steady pace and we would go long.
Trying to learn! Please comment below with your opinion!
Is it the red or the yellow one?
If the correct one is yellow, then the channel has been broken, a signal that we should start considering a short position, meanwhile if the right one is the red one, we could conclude that we are still going up at a steady pace and we would go long.
Trying to learn! Please comment below with your opinion!