Before the trade there will be a bounce form lower point of the channel and the price will go to the upper resistance line
after the trade you recognize the support and reistance line well that you should be carefull when seting stop order somethimes the rule of previous high is not enough.
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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.