i make two black trend line ...that are strong resistance and support...so watch the breakout
i make two red support line watch the area to go long and wait for bullish price action before going long....may be it complete ab=cd ...YOU DO THIS TRADE IN LOWER TIME FRAME BUT WATCH THE PRICE ACTION BEFORE DOING ANYTHING...
market is near strong resistance level wait for some price action ...if market open a gap up then this trade is invalid ...then we make another strategy ...in my opinion to go long let the market retrace then we enter in long position...and for short position as i said market is near strong resistance and i also show the RSI level if we get here some bearish...
channel trading strategy ...you no what is the trend ...
channel already breakout market still in bullish zone wait for the blue triangle breakout to confirm sure short trade...to for sell
may be like that...wait to go long near strong support and short near retest area....
WAIT FOR SOME BULLISH PRICE ACTION...TO GO LONG...
short after the breakout channel and over profit target may be 10000