price is in the bottom trend line of a channel, divergence in RSI and good slowstoch position. I will give a chance to it buying now, an close the position at the top trend line o at the confirmation of the break of the bottom trend line.
Note
don't looks good in the 1 hour chart, I will close the trade at entry price if price is rejected down (confirmation of the break of the channel), but keep open if re enter in the channelNote
price is not making a bearish flag in the lower timeframe, so I think price will at least retest the trend line, as planned, I will close the short there if price is rejected, or keep it open if price reenters in the channel.
Note
still waiting the correction to 112.2Note
didn't close the buy on friday, it din't touch the trend lineNote
testing the trend line, trade is in profit, SL moved to BENote
price rejected again, trade closed w small profit
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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.