. Stop will be at the low that will be left below the trend line
and target marked by the green line. This is coming from the 240 chart where I am interested in trend line
breaks after price has taken out a channel resistance line. We have taken out the first line, had our retracement, now waiting for a close above the trend line
as a confirmation that they have re-grouped to take out the next channel line. If they manage to take the next channel line out, again, we will wait for a retracement, place our trend line
and wait for another break to add another position. Remember to break even the first entry if you are already riding a long position before adding the second position.