Earlier we were hoping for a short term short knowing that the general trend is bullish.
We took 20 pips in the old trade and we have a new trade setup here.
We have a minor channel embedded in a major channel, I have already bought at 1317 .
I don't think its wise selling even if we do break to the downside but this scenario is quite unlikely.
you can either buy at this point if your a aggressive trader or wait for it to break out the minor channel before making a move.
We took 20 pips in the old trade and we have a new trade setup here.
We have a minor channel embedded in a major channel, I have already bought at 1317 .
I don't think its wise selling even if we do break to the downside but this scenario is quite unlikely.
you can either buy at this point if your a aggressive trader or wait for it to break out the minor channel before making a move.
Comment:
going as planned, placing SL at BE
Comment:
if you missed the train, you can long after the breakout of this line
Comment:
retesting minor channel top of minor channel. going good so far.
Comment:
114 pips so far
Comment:
we are still retesting the channel, we will go up if this breaks
we are still retesting the channel, we will go up if this breaks
Comment:
we are back in the channel again, long till upper channel
Trade active
Trade closed manually:
160 pips
