NeeteshJain

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

FX_IDC:EURINR   EURO / INDIAN RUPEE
This is the third education series on Channel (link of Educational 01 and Educational 02 given below),

In this educational post, I cover up points that provide trades opportunity in a trending channel.

Steps To Follow:
Step 1: Connect Two Higher High Points to Draw a Trendline
Step 2: Connect Higher Lows points, take a buy call
Step 3: Buy at pullback with additional indicators
Step 4: Sell at 3rd touch point of Higher High with additional indicators Confirmation

I shall be sharing the examples on part 1 in next series.

What's Next: Live Examples of Uptrend Trade Channel

Purpose: To educate retail traders like us in order to build confidence in their trading and make inform decisions and become profitable trader in long run.

I WOULD APPRECIATE IF YOU COULD SHARE YOUR CHANNEL DRAWINGS IN COMMENT BELOW SO THAT I WOULD BE SURE THAT YOU FOLLOW WHAT IS BEEN POSTED AND WILL SET ME UP TO PROVIDE GREATER DETAILS IN NEXT ONE

Thanks for your support,

Best Regards,
Neetesh

Related Ideas

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.