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Parallel Channel?

By porter_john
Just woke up and noticed that with that last local low created while I slept actually created a parallel channel since the 6585 high. Since XBTUSD created a new local low and failed to create a new local high on the 1 hour chart, trend is downward. I am currently looking to ride this parallel channel until it breaks to the upside. If it breaks to the downside, more % gains!

SL set at just above the 6585 high.
Trend AnalysisXBTUSD
porter_john

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