IT HAS FORMED NEW CHANNEL LINE AND RESPECTING IT ONCE UPPER LINE IS BROKEN WITH GOOD VOLUME GO LONG TARGET IS GIVEN BUT EXPONENTIAL MOVING 100 IS STRONG RESISTANCE ONCE CLOSES ABOVE IT WE ARE GOOD FOR LONG UNTIL THEN IT MAY KEEP MOVING IN THIS CHANNEL GOOD LUCK
Trade active
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Trade closed: target reached
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target was hit and candle still closed below trendline so exited
What is now - can we take position for 1550 tomorrow
UnknownUnicorn2321966
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@adlabsin, hi please use heikin ashi candle instead of regular candle and still shows that candle has not closed above trendline and in channel line price touches upper line and goes down to lower line and vice versa it might come down to 1390 to lower line just let the candle close above upper line first on closing basis