Here we have a nice example of a DESCENDING CHANNEL, which is a continuation pattern. The take profit target was to 1 : 4.5 (450 pips), but you could extend it even to over 900 pips. DON'T LET ANOTHER CHANNEL LIKE THIS UNTRADED ! ! !
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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.