See the graph for some more detail. The idea is valid while the channel holds, however if it breaks down I would be revaluating entry points to go long, unless Abe changes the rhetoric, which is unlikely at the moment.
Look for technicals on short time frame to enter the trade.
Trade responsibly
Look for technicals on short time frame to enter the trade.
Trade responsibly
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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.