Date: Aug 19th- 2020
Price approach our weekly support level which has been moving on a ranging/consolidated market. Moving down lower to Daily Chart. We could spot out two major descending channel. The first one which is the main channel drawn on our chart and the second one is the smaller channel drawn inside the main channel.
This are good evidence for price moving to the upside targeting the top of the main descending channel and possible breaking out to hit our top resistance level.
Anifowose Ope is a professional trader and founder of Forex Optimal, I have been trading the forex market for many years and whatever the challenges new traders are facing I have been there.
I started my trading journey back in 2014 where I begin trading using various indicators that leads to losses in the market. After searching for alternatives, I found price action trading to be the best approach to the forex market My success in the financial market has given me a greater degree of independence than others.
With the knowledge I have acquired in the forex market I want to assist other traders to be able to profit from the market