Sell by top of the channel with low boundary target
Updated
I am going to sell (I have already done it actually) in the top line of the channel. My target is the low line. Close to this line, I will close half of the order and bring the stop down. This pair is near to the lowest value, so it could be great being sold if this value would broke.
Trade closed: stop reached
O did the trade and got stopped, I still believe the possibility going bottom of the channel. But i am out.
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.