So the market has pushed up and CFX has formed a clear ascending channel. IF it holds another long position from the bottom of this channel may be in order.
Current Trading Plan is to look for an ABC correction on the current swing and hopefully bullishly bounce off the bottom of this channel. This would provided a clear stop loss invalidation area just below the channel with a clear target at the top.
Trade Well....
Current Trading Plan is to look for an ABC correction on the current swing and hopefully bullishly bounce off the bottom of this channel. This would provided a clear stop loss invalidation area just below the channel with a clear target at the top.
Trade Well....
