Corrective price at the top of the channel.
Looking for a clean smaller double top with very corrective candles or a bear flag to take short.
Keeping open to scale ins.
Looking for a clean smaller double top with very corrective candles or a bear flag to take short.
Keeping open to scale ins.
Trade active:
Entered a short position on the second correction with a 20 pip stop. Target +5%.
Trade active:
Position moved to break even as its a +1%. Looking for a +5% target now that the channel has impulsively broken the larger ascending channel.