SKLUSD: 4H Correction occurred within channel

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As above.

Well so goes BTC, so goes SKL etc.

There is a channel that formed and we might see price recover to 0.7 area again but uncertain what it will do after that.

I would be cautious to interpret this as a bull flag pattern that is developing until we can confirm breakout of upper trendline with higher volume.

Good luck traders!

Ghi chú
Geez! Followed that trend channel fairly decently for almost 3 years!!!
Beyond Technical AnalysisSKLUSDTrend Analysis

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