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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.=====================================