Powerful Monthly Channel | Clean Price Structure Across

940
📉 Description:
-This is a classic example of a broadening falling channel on the Monthly Time Frame (MTF), where the counter-trendline (CT) has just been taken out by a strong bullish candle. Volume confirms the strength

📌What makes this setup particularly interesting:

-MTF structure: Despite a series of lower lows on the monthly, it has respected the broad structure of the falling channel throughout.
-WTF/DTF structure: Weekly and Daily timeframes are making higher lows (HLs),
-Price behavior: Clean reaction to the trendline and no choppiness around breakout — this reflects a well-absorbed selling zone

⚠️ This is not a forecast, not a call or tip — just me charting what I see. Drop any doubts in the comments.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.