Hey guys, for fun and in a way, I think it's always to get in on a move early. Up trend channel with supports on weekly.
Now yes I'm sure the same can be drawn from top down. I think it's important when trading not to get stuck on what you know or thin you know.
Always searching and not thinking you know what will happen is a good thing. AKA because no one knows. You only know what you know based on the data.
For example: Here after drawing the channel I can see that there is a weekly support at the bottom of the channel. Probable, support for higher momentum.
This way we're not blindly using Valid Chart patterns such as descending channels, triangles, etc but using levels we're aware of to make the best of them. Ultimately giving us the ability to make the best probable trade.
Now yes I'm sure the same can be drawn from top down. I think it's important when trading not to get stuck on what you know or thin you know.
Always searching and not thinking you know what will happen is a good thing. AKA because no one knows. You only know what you know based on the data.
For example: Here after drawing the channel I can see that there is a weekly support at the bottom of the channel. Probable, support for higher momentum.
This way we're not blindly using Valid Chart patterns such as descending channels, triangles, etc but using levels we're aware of to make the best of them. Ultimately giving us the ability to make the best probable trade.
Trade closed manually
Long invalidated. Update here: 
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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.