You answered incorrectly!

It's okay, let's figure it out together.

You answered incorrectly!

It's okay, let's figure it out together.

The upper and lower boundaries in orange are the price channel. Quotes move up and down in waves and bounce off the boundaries, like a ball off of a wall. Having built such a channel, you can easily predict when the price will start to rise or fall.

You were probably misled by the fact that the general trend was a falling one. That's okay, it happens to experienced traders, too.

Yes, in the long term the price will fall, but we are only concluding a 5-15 minute trade (in this case 15 minutes = 15 candles).

And look at the RSI indicator: it's about to intersect level 0 upwards.

Can you guess that that means? ;)

So, let's try again:

a 5-15 minute trade UP or DOWN?

UP

DOWN