Sell or Buy the breakout inside channel...

Descending channel pattern , and currently price is bouncing from bottom of channel, meanwhile upside is restricted by intermediate resistance.

Our strategy :

We would like to trade the breakout of support / resistance horizontal levels , as we are near bottom of range of descending channel we would like to favour longs near bottom , meanwhile shorts near top of range,

More of selling pressure can be seen on price breaking below current support and channel bottom line,...

There are multiple scenarios possible as per current structure , you can use our chart and trade 4hr candle close.

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