Updated

CAIRN UPTREND CHANNEL (Educational)

It is been observed on daily chart that the price action trending up in an uptrend channel, forming higher high and higher lows.

Note

It did well today, trending up. Regards

Note

Cairn went up 10%, had a great run up and now at resistance level. Indicated how channel trade works.

snapshot

Regards

Related publications

Educational 01: How to Identify TREND with CHANNELS

Educational 02: How To Draw Channels?

Educational 03: How To Trade Channels (Part I: Uptrend)

Educational 04: How To Trade Channel Breakouts?

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