Wait for to hit bottom of descending channel one more time and then look for an entry on the breakout up. Wait see a pattern or break of the trendline after the move up.
Trade active
Short Term SellEntry: 79.769
SL: 79.969 (20 pips)
TP1: 79.032 (74 pips)
TP2: 78.946 (82 pips)
My TP: 78.769 (100 pips)
Trade closed: stop reached
Short term sell BE hit. Long move active. Find pattern in zone and act accordingly.
Note
CLEARS THROAT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.