Breakout Trading - Selling Opportunity
The Main Trend is bearish within the red channel
There is a negative RSI divergence while prices moves up within the pink bullish channel
This could give indication for a soon reversal to the downside which will be confirmed by the breakout of the violet channel to the downside
Also there is an inverse bearish AB=CD Pattern shown with the yellowish lines
The breakout of the main trend of the red downside channel could indicate a possible strong bullish move coming
There is a negative RSI divergence while prices moves up within the pink bullish channel
This could give indication for a soon reversal to the downside which will be confirmed by the breakout of the violet channel to the downside
Also there is an inverse bearish AB=CD Pattern shown with the yellowish lines
The breakout of the main trend of the red downside channel could indicate a possible strong bullish move coming