I often draw something like this too, but I don't know the rules. I personally noticed that a trend that is directed in a channel at a certain angle is often suddenly interrupted by a jump, often against the trend, continues along a parallel channel, respectively, at the same angle, and often then jumps back into the same channel! For example, I have hundreds of case drawings in my folder.
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Where to go on EURUSD ... ? I'm going north... home!
In the medium term I think so. But in the short term, they might cut more.
Where do we go on EURUSD ... ? I'm going north... home!
Wouldn't be a bad idea to go down a bit more shopping.
And with a full trolley to the north.
I think if we break it and go up, we'll be right)))(Although we may go down((((
Judging by the Renko charts, we could be going down...