For shorts trading:
If you see confirmation candles at the price ceiling and the channel ceiling does not break, you can follow it up to the bottom of the channel.
At the bottom of the channel, if there are necessary confirmations and a few weightless candles, it can be moved up.
The loss limit in both directions is slightly behind the edges of the channel, and profit saving is ahead of the final profit limit.
If you see confirmation candles at the price ceiling and the channel ceiling does not break, you can follow it up to the bottom of the channel.
At the bottom of the channel, if there are necessary confirmations and a few weightless candles, it can be moved up.
The loss limit in both directions is slightly behind the edges of the channel, and profit saving is ahead of the final profit limit.
Order cancelled
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.
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.