Almost bouncing of a trendy channel, Be careful though, if it closes BELOW the channel we close the position in whatever loss we took and wait for a reversal inside the channel again.
If for some freakish reason the price went beyond the SL level and closed we immediately open a SELL order, This however is highly unlikely if we trend before friday's upcoming news.
Good luck everyone & Happy Pippin!
If for some freakish reason the price went beyond the SL level and closed we immediately open a SELL order, This however is highly unlikely if we trend before friday's upcoming news.
Good luck everyone & Happy Pippin!
Comment:
Waiting for the current bar to close, if closed under the channel we close on breakeven to avoid loss, if closed above however we can say it's almost certainly hitting TP in the next few days!
Comment:
Closed on BE. opportunity trend lost it's power and volumes are dropping near the weekend!
Trade closed manually