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Commodity Charts Channels
Inclining
The inclining channel is a formation with parallel price barriers along both the price ceiling and floor.  Unlike the sideways channel the inclining channel has an increase in both the price ceiling and price floor.
Declining
The declining channel is a formation with parallel price barriers along both the price ceiling and floor.  Unlike the sideways channel the declining channel has a decrease in both the price ceiling and price floor.
Horizontal or Sideways
A horizontal or sideways channel is a formation that features both resistance and support. Support forms the low price bar, while resistance provides the price ceiling. To trade this formation, place orders on the break up and break down points, leaving your unfilled order as your stop loss.

Commodity Chart Videos
1-2-3 Formations
50% Retracement
Head and Shoulders
Chart Channels
Support and Resistance

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There is a risk of loss in trading futures and futures options and you
should carefully consider your financial position before making
any trades. Futures and options trading carries significant risk
and you can lose some, all or even more than your investment.

future-charts.com is a site by Stephen A. Pierce, CTA