The channel is closed near the boundary line, three lines converge towards the green line, buy
1. On the 3-minute candlestick chart, the descending channel has been closed, and the 5, 10, and 20 moving averages have flattened and are approaching the green 60 moving average.
2. On the 5-minute candlestick chart, the green 60 moving average has started to flatten, or has already flattened.
What to do when technical analysis diverges from fundamentals
Even if the technical setup looks good, if it diverges from the fundamentals, it can actually be the best opportunity for a reverse operation, allowing for heavy positions against the trend.
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