Ascending Parallel Channel
In the following chart we can observe that the trend still continuous from a really long time giving us a sign of a parallel channel.
Being the trend an upper trend we can place a ascending parallel channel.
Placing the resistance and support lines withing the paralel channel we can expect a long position on this pattern.
Being the trend an upper trend we can place a ascending parallel channel.
Placing the resistance and support lines withing the paralel channel we can expect a long position on this pattern.
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