5-Market Type |Channeling Up And Channeling Down | SureShot Binary Course

 

Channeling Up

Type of ranging market this type of market also make a range between 2 snr but in the upward direction

in channeling up buyer will always cross previous Higher High

(Higher High Lower Low)

Channeling Up ( Crossing previous Higher High )

Channeling Down

In channeling down market the sellers cross the previous lower low level

• Draw trend Line Wick to wick  
• For Buyers draw 1st green loop to 2nd green loop
• For Sellers Draw 1st red loop to 2nd red loop
• trend line must be wick to wick